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The Monetary Value of a Human Life
Japan spent $11,728,000 to save a single life through improvements in public safety. The state of California spends $308 million to execute a single inmate on death row. The average amount paid to families for each life lost in 9/11 was $2.1 million, yet the families of fallen U.S. soldiers receive up to $400,000 upon death from the U.S. government.
The average cost to improve your life through a college education at a private institution is now approaching $40,000 a year.
Here’s something you might find interesting.
- Japan places the highest value on a human life, spending $11,728,000 to save a single life through improvements in public safety.
- South Korea spent the least, at a measly $878,000.00 per life saved.
- Health insurance companies value life at $50,000 per year of quality life, a depressingly low number compared to what government entities will pay.
- The families of suicide bombers receive just $25,000 per suicide.
- While the families that lossed a loved one on 9/11 received an average of $2.1 million per death, families of fallen soldiers receive a maximum of just $400,000.
Wow. That’s pretty scary, don’t ya think?
B y the way, according to NPR, the average cost of improving your life by getting a college education at a private institution is now approaching $40,000 a year. And that’s AFTER the cost of raising a child, according to the Wall Street Journal.
“Middle-income parents who welcomed a new child last year can expect to spend nearly $300,000 over the next 17 years, according to a new report.” WSJ
Published At: C&S Safety Training DVDs
I found this info at http://complianceandsafety.com/blog/infographic-the-monetary-value-of-a-human-life/