Consequential Costs of Occupational Accidents from an Economic and Managerial Perspective: Empirics Results from Austrian

Abstract

For occupational injuries, the economy, employers, and insurance companies not only face directly related accident costs but also long-term follow-up costs. In Austria, this is the third advanced project on this topic on behalf of the main Austrian occupational insurance company Allgemeine Unfallversicherungsanstalt (AUVA). The team from the University of Vienna reveals cost-influencing factors for the economy, employers, and insurance companies to integrate them into current and future costs of occupational injuries that were acknowledged in a certain year. To do so, the team develops a detailed decision for the support system called “Cost Calculation Tool” that investigates total direct and main indirect costs of individual injury claims from the time of the incident of all injured individuals up to their death. It helps policy makers cluster patients into risk groups to optimally improve the conditions at dangerous and Int Adv Econ Res (2014) 20:351–352 DOI 10.1007/s11294-014-9461-4