Long Covid is not just changing the lives of those affected, but it is proving to have a significant impact on the American labor force and economy. About a quarter of the roughly 16.3 million working-age Americans currently suffering from long Covid are out of work, and according to one estimate, long Covid could cost America as much as $3.7 trillion. Many of those suffering are either running out of disability insurance through their employers or getting denied Social Security Disability Insurance or SSDI - an effect that’s expected to be long-lasting. In December 2021, Congress allocated $1.15 billion to the National Institutes of Health to study the long term effects of the disease. But many experts are saying that is not nearly enough.
Produced by: Emily Lorsch
Edited by: Erin Black
Senior Managing Producer: Tala Hadavi
Graphics by: Jason Reginato and Christina Locopo
Additional Cameras: Drew Hayes and Carlos Waters
Chapters:
00:00: Intro
2:16: Disabled America
4:28: Disability insurance
8:16: Economic impact
11:59: Cloudy future
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Why Long Covid Could Cost The U.S. $3.7 Trillion
Produced by: Emily Lorsch
Edited by: Erin Black
Senior Managing Producer: Tala Hadavi
Graphics by: Jason Reginato and Christina Locopo
Additional Cameras: Drew Hayes and Carlos Waters
Chapters:
00:00: Intro
2:16: Disabled America
4:28: Disability insurance
8:16: Economic impact
11:59: Cloudy future
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
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Why Long Covid Could Cost The U.S. $3.7 Trillion
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