Preventable Covid-19 cases can lead to higher health and life insurance rates. Firing employees who refuse the vaccine is smart business.
Vaccine mandates save the government a lot of money in several ways:
- US government pays $770B a year for medical care for older people and poor children [1]. Covid cases increase those costs. Fortunately, vaccines prevent most cases and reduce severity of all cases.
- US government has 23M veterans and pays $40B a year for their medical care [2]. Covid cases increase those costs. Fortunately, vaccines prevent most of the cases.
- When a person goes to the hospital and cannot pay, the hospital takes a loss and reduces the tax they pay. Hospitals write off about $40B in uncompensated care every year [3]. Uncompensated covid care makes those numbers bigger and taxes lower. Fortunately, vaccines prevent most serious covid cases.
- Workers can't work when they have covid or their dependents have covid. Covid sickness reduces economic output. Because taxes only apply to profits and most businesses have low margins, small reductions in revenue cause large reductions in taxes. Fortunately, vaccines reduce severity of all cases, so people recover more quickly and workers can get back to work faster.
[0] https://yourlocalepidemiologist.substack.com/p/there-is-good...
[1] https://en.wikipedia.org/wiki/Medicare_(United_States)
[2] https://www.va.gov/vetdata/docs/QuickFacts/Expenditures_quic...
[3] https://www.aha.org/fact-sheets/2020-01-06-fact-sheet-uncomp...