Pandemics are defined by "excess deaths" so nothing really surprising here.
Covid is vanishingly unlikely to kill people in this age group. I always find it hard to find a clear number when I Google for a recent IFR, but it’s a fraction of a fraction of a percent.
Indiana life insurance CEO says deaths are up 40% among people ages 18-64
151–160 of 600 posts
Re: Indiana life insurance CEO says deaths are up 40% among people ages 18-64
#152> "The CDC weekly death counts, which reflect the information on death certificates and so have a lag of up to eight weeks or longer, show that for the week ending Nov. 6, there were far fewer deaths from COVID-19 in Indiana compared to a year ago – 195 verses 336 – but more deaths from other causes – 1,350 versus 1,319." So last year more covid deaths (particularly among the elderly), but while those numbers have de…
Let's assume deaths for older people haven't changed so the increase is entirely among the younger group.
x: younger y: older
1.4x + y = 1350 x + y = 1319 0.4x = 31 x = 77.5 (younger 2020) 1.4x = 108.5 (younger 2021) y = 1241.5 (older 2020 and 20201)
So assuming no increase in non-COVID deaths in the older group, we have 77.5 deaths in 2020 and 108.5 deaths in 2021 in the younger demographic. The actual numbers would be even lower since there have obviously been deaths in the older population.
Unless I am embarrassingly wrong on the calculation, these figures don't make sense. The source says this 40% increase figure is based on his life insurance customers who are “primarily working-age people 18 to 64”. This being just among his policy holders could explain the tiny absolute figures in the younger group. But where are the numbers for the older group coming from? His statement doesn't exclude the possibility of policies for ages 64. But if that's a small fraction of their customer base, it would imply a huge death rate for the older policy holders.
These numbers seem very fishy. Even if his older members are dying at astronomical rates and his numbers are correct, this is about as far from a representative sample as you could get and cannot be extrapolated to the general population. And I assume that's what the source means when he says "the increase in deaths represents huge, huge numbers."
By the way, I am not implying that there hasn't been an increase in non-COVID deaths among the young and old in these last two years. We know that's the because there is actually real data on this that the article could have included.
Re: Indiana life insurance CEO says deaths are up 40% among people ages 18-64
#153Earlier quoted context omitted.
Within my brothers circle of friends / former friends etc, amongst those that participate in recreational drug use, there have been a crazy number of Fentanyl related deaths. They're all between the ages of 25 - 30. I can't help but wonder how much this has an impact.
Correct! “ The synthetic and highly addictive drug has claimed more lives than COVID-19, auto crashes, gun violence, cancer and suicide in the year 2020.” https://www.abc12.com/news/fentanyl-number-one-cause-of-deat...
https://api.politifact.com/factchecks/2021/dec/23/facebook-p...
Re: Indiana life insurance CEO says deaths are up 40% among people ages 18-64
#154Re: Indiana life insurance CEO says deaths are up 40% among people ages 18-64
#155> Just to give you an idea of how bad that is, a three-sigma or a one-in-200-year catastrophe would be 10% increase over pre-pandemic,” he said. “So 40% is just unheard of.” Do we have an actuarial crisis on our hands? We’ve seen the same thing in finance, disaster preparedness and other unrelated industries. We have “once in 200 years” events happening it seems far more often than once in 200 years. And how does it…
I just don't take it seriously anymore. Track 200 factors, 200 businesses, or 200 industries and you will see 1 event per year. Track all of the above and you will see 40,000 such events in a year.
More to the point, their actuarial model was probably wrong, not reality. Somewhere buried in their model were assumptions excluding black swan events
Re: Indiana life insurance CEO says deaths are up 40% among people ages 18-64
#156> Just to give you an idea of how bad that is, a three-sigma or a one-in-200-year catastrophe would be 10% increase over pre-pandemic,” he said. “So 40% is just unheard of.” Do we have an actuarial crisis on our hands? We’ve seen the same thing in finance, disaster preparedness and other unrelated industries. We have “once in 200 years” events happening it seems far more often than once in 200 years. And how does it…
E.g. a "once in 200 years drought" in California might happen at the same time as a "once in 200 years over-mortality event" in Indiana.
News would tend to report on these, so we see many of these even though they are rare.
Re: Indiana life insurance CEO says deaths are up 40% among people ages 18-64
#157Earlier quoted context omitted.
Assuming risk is evenly distributed between birth and death, you would expect a 1 in 80 chance of dying in any given year. But since the risk is loaded towards the later years of life, 1 in 200 during the earlier years sounds about right. Perhaps it's 2x higher than I would have guessed otherwise, but it's the right order of magnitude.
No that is bad math around 1/80. If the average person had a 1/80 chance to die each year, the average life expectancy would be 40 years. Think about this another way. You have a gun with 80 chambers and 1 bullet. How many times on average can you point it at your head and pull the trigger before it goes off? Would you still argue 80 times? On average it is the last chamber?
Re: Indiana life insurance CEO says deaths are up 40% among people ages 18-64
#158> Just to give you an idea of how bad that is, a three-sigma or a one-in-200-year catastrophe would be 10% increase over pre-pandemic,” he said. “So 40% is just unheard of.” Do we have an actuarial crisis on our hands? We’ve seen the same thing in finance, disaster preparedness and other unrelated industries. We have “once in 200 years” events happening it seems far more often than once in 200 years. And how does it…
Think of the number of hundred year floods you see reported on each year. Then look at the number of floodplains that your news source would report on...
Re: Indiana life insurance CEO says deaths are up 40% among people ages 18-64
#159“Just to give you an idea of how bad that is, a three-sigma or a one-in-200-year catastrophe would be 10% increase over pre-pandemic,” he said. “So 40% is just unheard of.” This sounds very strange indeed, I'd like to see the numbers. For instance Euromomo https://www.euromomo.eu collects the statistics about death rates, here is a plot for the Italian death rate and you can see the mortality spikes with the covid wa…
Doesn't seem that is unbelievable at all to me. Instead I think it just highlights how humans can discount the severity of something when it moves slowly and continues for years. Remember the Boxing Day tsunami in 2004 that was a major catastrophe around the world? According to a Google search it killed 227,898 people. Last I checked Covid had killed about 5.5 million, which is worse that every single war since WWII.…
Some 55 million people die each year. An extra 5 million is a big deal, yes, but there's almost 8 billion people on the planet. I think most people have a huge difficulty comprehending just how many humans there are on earth.
Re: Indiana life insurance CEO says deaths are up 40% among people ages 18-64
#160Earlier quoted context omitted.
We can look at stats. The US isn't the only country with vaccines.
There are statisticians who have made such claims by modeling many highly vaccinated countries. I am not claiming they are right or wrong, but there are people who claim they have found this signal in the data using statistical methods.