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FLU SHOTS MAKE GOOD ECONOMICS COMPANIES SAVE MONEY.


Byline: Evan Pondel Staff Writer

The annual spate of influenza illnesses cost employers nearly $400 per employee in lost work and medical expenses, costs that could easily be avoided by inoculation inoculation, in medicine, introduction of a preparation into the tissues or fluids of the body for the purpose of preventing or curing certain diseases. The preparation is usually a weakened culture of the agent causing the disease, as in vaccination against , according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a study released Tuesday.

As hospitals and health officials prepare for flu season

    Main article: Influenza
Flu season is a term used to describe the regular outbreak in flu cases during the cold half of the year. Flu activity can sometimes be predicted and even tracked geographically.
 - its peak stretching between December and February - researchers found that a simple vaccination for $10.41 was worth the expense.

The study, published in the Annals of Internal Medicine Annals of Internal Medicine (Ann Intern Med) is an academic medical journal published by the American College of Physicians (ACP). It publishes research articles and reviews in the area of internal medicine. Its current editor is Harold C. Sox. , concluded that a person who comes down with the flu misses 2.8 days of work - each day accounting for $142.10 in lost wages.

``But that's extremely conservative and some people are prone to stay home a lot longer,'' said Dr. Patrick Lee Patrick Lee can refer to:
  • Patrick Lee (businessman), Chief Financial Officer of Vision Technologies Systems Inc., a U.S. division of Singaporean aerospace company Singapore Technologies Engineering.
, a Stanford University resident and the study's lead author. ``Though we don't advocate that all healthy adults should get flu shots because of vaccine shortages, it's probably a good idea.''

Many companies opt for vaccination days, when employees can receive a flu shot for a nominal fee. But for those companies that haven't extended their arms for a flu shot, Lee said it's time to realize the benefits. The study revealed that a patient's willingness to pay Willingness to pay (WTP) generally refers to the value of a good to a person as what they are willing to pay, sacrifice or exchange for it. See also
  • Becker-DeGroot-Marschak method
 for a day of relief from influenza amounted to $15.49; from nausea, $61.79; and from dizziness, $56.39.

Each year, the flu affects 10 percent to 20 percent of the U.S. population. Federal officials recommend that the first round of shots go to elderly people, pregnant women in their second and third trimesters, and those with chronic illnesses. With the flu causing about 20,000 American deaths a year, the Los Angeles County Department of Health Services The Los Angeles County Department of Health Services (DHS) in Los Angeles County's department providing public and personal health services to the over 10 million residents in the County.  isn't anticipating a vaccine shortage this year.

``At this point the vaccine supply is looking pretty good and producers are on track to making more doses this year than in the past,'' said Cheri Todoroff, immunization immunization: see immunity; vaccination.  program director for the county's Health Services health services Managed care The benefits covered under a health contract  Department. ``Our clinics should be ready by October to start shooting the vaccines.''

Most pharmacies and doctors' offices offer vaccinations. The cost tends to vary, with vaccines ranging between $5 and $20. But in almost all scenarios, vaccination proved to have a higher net benefit than nonvaccination, the study said.

``Another factor some people don't realize, is that a flu shot will not give you any of the symptoms associated with the virus,'' Lee said. ``It's a complete myth that you might feel sick if you get a shot.''

Gordon Almquist, chief financial officer of Strix Systems, is an ardent believer in the benefits of a flu shot. Last year, Almquist arranged to have all employees vaccinated to avoid the bug.

``The perks of people coming to work outweigh the costs associated with the vaccination,'' he said. ``A few people still came down with colds, but it wasn't nearly as bad as it could have been.''

Almquist received a shot, and though it stung a bit, the flu stayed away. This year, he said the Westlake Village-based company will most likely receive another round of vaccinations. ``I don't mind spending the money on this type of cause,'' he said.

Nor does Michael Chee, director of communications Director of Communications is a position in the private and public sectors. The Director of Communications is responsible for managing and directing an organization's internal and external communications.  for Thousand Oaks- based Blue Cross of California. Though his employer offers free vaccinations to workers, Chee abstained from a vaccination last year. The result: ``I got slammed for about 14 days with a very late strain of the flu.''

This year, Chee said his upper arm will be among the first injected come vaccination day.

But it's not only adults who can benefit from the flu vaccine. Dr. Charles Goodman, a West Hills pediatrician, said children should also receive vaccinations.

``A sick child could easily keep a parent from going to work,'' he said. ``A vaccination is a very good investment and it's safe, too.''

The costs associated with Tylenol and other drugs to keep aches under control can add up. For that reason, Goodman said a flu vaccine can eliminate an extra trip to the drug store.

If the flu does strike, there are several therapies that the study found cost-effective. They include rimantadine, zanamivir and oseltamivir.

Rimantadine, which costs about $17.50, was ``the most cost-beneficial,'' although it caused slightly more side effects Side effects

Effects of a proposed project on other parts of the firm.
, Lee said.

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THE SIDE EFFECTS OF INFLUENZA
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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Date:Aug 21, 2002
Words:712
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