Labour’s COVID-19 cure proves exorbitant

Barry Brill, lawyer, former cabinet minister, captain of industry, formidable student of public policy and chairman of the NZCSC, thought back in March the impact of the Level-4 lock-down cure would be about 30 times worse than the disease itself. Real data now shows it was 190 times worse. It prevented perhaps 1000 deaths at a cost of $NZ8.5m for each year of life saved, which was a startling increase in the usually accepted value of $NZ45,000 for a Quality Adjusted Life Year (QALY).

The Australian BUSINESS REVIEW reports:

New Zealand’s hard lockdown policy is thought to have prevented the deaths of 1000 people at a cost of $NZ8.5m ($7.8m) for each year of life saved, according to a new analysis casting doubt on the effectiveness of Victoria’s extended shutdown.

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