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PLANNING TOOLS & RESOURCES — RISK MANAGEMENT CALCULATOR
About the Calculator
GlaxoSmithKline, together with Milliman Consultants and Actuaries, commissioned a white paper titled “Pandemic Influenza Risk Management for Employers.” This study investigates the effects of a pandemic influenza and its potential impact on employees’ health and their employer companies’ fiscal health. While the Congressional Budget Office (CBO) and many other studies on the effects of pandemic influenza focus on macro scale effects of a pandemic, this study focuses on individual employers.
This calculator is designed to help you understand how these figures might translate to your company and employees, and uses a number of assumptions from the study’s findings. A complete version of the study is available here in PDF format.
Assumptions
- 10% pre-pandemic profit rate (higher than the national average profit rate of between 5.5% and 7.5%).
- The CBO estimates that a severe pandemic would cause 90 million Americans to get sick, with 2 million fatalities. In a moderate scenario, 75 million people would be infected, with 100,000 fatalities.
- 30% of workers would be infected in a severe outbreak; in a moderate outbreak 25% of all individuals would be infected. Survivors would miss 3 weeks of work due to sickness, fear of becoming sick, or caring for family or friends.
For a complete list of assumptions, please click here to view the white paper.
DISCLAIMER OF LIABILITY
The information you supply is used only for the purpose of helping you understand how pandemic flu could affect your employees and your profits. GlaxoSmithKline does not collect or store this information. The Risk Management Calculator is a tool for estimates only. GlaxoSmithKline makes no warranties, expressed or implied, with respect to the Risk Management Calculator for pandemic flu. ALL WARRANTIES, INCLUDING WITHOUT LIMITATION THE IMPLIED WARRANTIES OF QUALITY, ACCURACY, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, ARE HEREBY DISCLAIMED BY GLAXOSMITHKLINE. In no event will GlaxoSmithKline be liable for any special, incidental, or consequential damages resulting from the use of the Risk Management Calculator for pandemic flu.
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