The Environmental Protection Agency dropped the "value of a statistical life" to $6.9 million -- a drop of $900,000 from five years ago. So why would the U.S. government devalue the life of Americans? The AP summates that "government agencies put a value on human life and then weigh the costs versus the lifesaving benefits of a proposed rule. The less a life is worth to the government, the less the need for a regulation, such as tighter restrictions on pollution." The article also goes on to say that "the value based on what people are willing to pay to avoid certain risks, and on how much extra employers pay their workers to take on additional risks. Most of the data is drawn from payroll statistics; some comes from opinion surveys.

If you had to put a price tag on your life and where you are today compared to five years ago, would you be worth more?

Labels: health, money, study