I see this quoted all the time and I wonder if it takes into account the total economic benifit of the individual. I'll conceed that an individual who lives lon

I see this quoted all the time and I wonder if it takes into account the total economic benifit of the individual. I'll conceed that an individual who lives longer will (on average) cost more in health care. I also believe it when I hear that lung cancer is a cheaper way to die than many other ways. But what about the lost 20-30 years of economic output that would have taken place if the individual lived? On top of that we see benefits that can't easily be calculated, like being able to leave children with their grandparents for care. Can't do that if they're dead.