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Damages medical expenses

Compensatory damages pay victims for out-of-pocket expenses caused by the discrimination (such as costs associated with a job search or medical expenses) and compensate them for any emotional harm suffered (such as mental anguish, inconvenience, or loss of enjoyment of life). [Pg.92]

Compensatory damages are for the recovering party s aetual out-of-pocket medical expenses temporary or permanent disability lost earnings (present and future) loss of consortium and, in wrongful death cases, damages, including funeral expenses, and pain and suffering of survivors. [Pg.254]

The most typical safety measurement tool is to track the number of accidents. The types of data needed to do this are costs of system downtime (and lost productivity and product or market share), equipment damaged during an accident, accident cleanup, equipment replacement, and, of course, personnel injuries and death (including medical costs, workman s compensation, and potential lawsuits). These data can be easily trended and tracked on a monthly or quarterly basis. You can then compare your statistics to national averages. The U.S. National Safety Council (many countries publish comparable information at the federal governmental level) publishes accident costs across all industries. These costs include estimates of lost wages, medical expenses, insurance administration costs, and uninsured costs. [Pg.364]

The Kellogg Company paid their medical expenses and reimbursed them for property damage, but Northwa/s and McVe/s woes were compounded by the loss of their jobs. Their boss. Converse, terminated Northway with thirty days notice when he visited the Houston lab on... [Pg.330]

Individual demand for traffic safety partly depends on avoiding the payment of medical expenses which will result from a traffic accident. While some outlay of money and time can be expected with each accident the outlay may be less than the total accident-related medical expense because of community-rated health insurance premiums or public assistance-related third party financing such as Medicaid and Medicare. The potential shift of some medical costs to those not involved in an accident means that individual demand for traffic safety tends to be too low. Similarly the demand may be too low because of the lack of precise experience rating for automobile insurance and possibly incomplete compensation for damaged parties through the courts especially when time costs and death are involved. [Pg.32]

Material including temporary works damages Loss of earnings Loss of earning capacity Loss of personal property Medical expenses Miscellaneous expenses... [Pg.99]

The cost of workplace injuries is enormous. In 1992 the U.S. economy lost 115.9 billion from work-related accidents 62.5 billion from wage and productivity losses, 22.0 billion from medical costs, 14.5 billion from administration expenses, 3.4 billion from motor vehicle damages, 10.2 billion from indirect employer costs, and 3.3 billion from fire losses (National Safety Council 1993). In addition to monetary losses, work injuries cause pain and suffering and frequently result in permanent disabilities that impede the normal enjoyment of life. The National Safety Council (1993) estimated that for every dollar of monetary loss accidents lower the quality of life on average by two dollars. With a two-to-one quality-of-life loss ratio the total cost of workplace accidents in 1992 was 347.7 billion, about 5.8 percent of 1992 U.S. GDP. [Pg.10]

The monetary cost of an electric arc accident can run into the hundreds of thousands of dollars. Damage to equipment and facility, lost production time, increased insurance expense, medical bills, worker s compensation, and legal costs can all be the result of one electric arc accident. [Pg.194]

The experts for the defendants resisted these conclusions, however. An important point which arose in discussions related to the ISO standard, which advised that the materials of construction of such devices should resist all fluids with which it could make contact within a hospital environment. The net result of several expert meetings produced a much more reasonable document just before trial, allowing the lawyers to proceed to a fair settlement without the need for what would have been a very expensive trial. There were up to 30 experts on all sides in the action, most of whom were medical experts rather than scientists or engineers. Substantial damages were paid to the mother of the disabled child. [Pg.242]

The next stage is to assess the quantum of damage, in property damage cases often with the aid of loss adjustors and in personal injury cases with the assistance of medical experts. A medical examination will be arranged where the nature of the injury is sufficiently serious to warrant this expense and where possible an exchange of medical evidence with the plaintiff s advisers is undertaken. Once medical evidence has been clarified the insurer will commence negotiations with a view to agreement of any amount to be paid in settlement of the claim. [Pg.123]

Accidents are more expensive than most realize because of hidden costs, for example, woikers compensation covers direct costs such as medical and indemnity payment for an injured or ill worker. However, the cost to train and compensate a replacanent worker, repair damaged property, investigate the accident and implement corrective action, and to maintain insurance coverage will not be covered. Even less apparent are the costs related to schedule delays, added administrative time, lower morale, increased absenteeism, and poorer customer relations. These are all examples of indirect cost. [Pg.120]


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See also in sourсe #XX -- [ Pg.55 , Pg.84 , Pg.86 , Pg.88 ]




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