Long COVID Could Cost the Economy Trillions, Experts Predict

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Long COVID Could Cost the Economy Trillions, Experts Predict
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Long COVID is likely to cost the U.S. economy trillions of dollars and will almost certainly affect multiple industries, experts are predicting.

and it is too early to know if repeat infections increase long COVID risks. There is also no definitive data on how fast or how many people are recovering. Economists often assume that those with long COVID will recover at some point, Bach noted, but she is careful not to make assumptions.

“If people are impaired longer than we think and if the impairment turns out to be severe, then we can have a lot of people who need services like disability insurance,” Cutler says.Policies that support the research and clinical work necessary to prevent and treat long COVID are essential, experts say.Employers also have a role, and experts say there are a number of accommodations businesses should consider.

Some long COVID patients told Bach they simply assumed they would not get SSDI and did not even bother applying. She stressed that working Americans with debilitating long COVID should be aware that their condition is. But the challenge, based on guidance issued by the government, is that not all cases of long COVID qualify as a disability and that individual assessments are necessary.

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