Asbestos-related diseases costing over $500 million a year

Direct health care combined with the impact on productivity in the workplace as a result of asbestos-related diseases costs Australia over half a billion dollars a year.

A new report commissioned by the Asbestos Safety and Eradication Agency has measured the medical and economic opportunity costs associated with asbestos-related disease.

The Economic Burden of Asbestos-related Disease, by the Centre for International Economics, looked at the direct health care costs, as well as the cost of productivity and other losses resulting from time out of the workforce due to an asbestos-related disease in one year (2015).

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