§ 30. Mr. Bob RussellTo ask the Secretary of State for the Environment, Transport and the Regions what the estimated cost is to public funds of a road crash involving(a) a fatality, (b) serious injury and (c) slight injury. [157211]
§ Mr. HillThe values attributed in 1999 to the avoidance of road accidents are(a) fatal £1,089,130, (b) serious £146,890, and (c) slight £14,540. These amounts are the values to be used in cost benefit analysis. They take account of medical costs, lost production, human costs based on willingness to pay for reduction of risk, the costs of police and courts, insurance administration, and property damage. Included in these values are the sums of £5,970, £10,380, and £890 for fatal, serious and slight accidents respectively, for the cost to public funds for hospital and ambulance costs and the 201W costs of police and courts. The lost production element includes social security costs but these are not separately estimated. Further information is available in Highways Economic Note No. 1 "1999 Valuation of the Benefits of Prevention of Road Accidents and Casualties" a copy of which is in the Library of the House.