Cost Component

Estimation Formula

Category A Human Cost

Loss of Productivity

(A1)

1) Lost productivity in terms of income loss due to fatalities

= [No. fatalities × average age in years] × [foregoing income per year using]

2) Lost productivity in terms of income loss due to disabilities

(during treatment or recovery period by injury type)

= [No. of fracture injuries] × [No. of days in hospital] × [average wage per day] + [No. of injuries] × [No. of days in hospital] × [average wage per day]

= [No. of injuries] × [No. of days in hospital] × [average wage per day]

3) Lost productivity in terms of income loss from serious and slight injuries

(during treatment or recovery period)

= [No. of serious injuries] × [No. of days in hospital] × [average wage per day] + [No. of slight injuries] × [No. of days in hospital] × [average wage per day]

4) Lost output in terms of income loss due to time lost normally spent by casualties with their families and community in social activities

= [No. of fatalities] × [No. of hours per lost years] × [average wage per hour] + [No. of disabilities] × [No. of hours per lost months] × [average wage per hour] + [No. of injuries] × [No. of hours per lost days] × [average wage per hour]

Loss due to Quality of Life Costs (A2)

Total quality of life costs

= [No. of fatalities] × [amount compensated by insurance companies] + [No. of injuries] × [amount compensated by insurance companies]

Medical Costs (A3)

1) Total medical costs (disabilities) = [No. of disability cases with facture injuries] × [average hospitalization days] × [average hospitalization expenses per/person/day]

2) Total medical costs (serious injuries) = [No. of serious injury cases] × [average hospitalization days] × [average hospitalization expenses per/person/day]

3) Total medical costs (slight injuries) = [No. of slight injury cases] × [average hospitalization days] × [average hospitalization expenses per/person/day]

4) Total cost of emergency services = [No. of total injury cases] × [average emergency cost per/person]

Category B

Vehicle Costs

Vehicle Damage and Detention

Costs (B)

1) Total vehicle damage costs

= [No. of total vehicles damaged] × [average vehicle damage costs]

2) Total vehicle detention costs

= [No. of total repaired vehicles (by vehicle type)] × [average vehicle repair period (in days)] × [average vehicle rental cost/day]

Category C General Costs

Policing Costs (C1)

Total police administration costs = [No. of road traffic accident cases reported by police] × [average police administration costs per case]

Court Costs (C2)

Total court administration costs = [No. of road traffic accident trial cases finalized by court] × [average judicial system administrative costs per case]

Insurance Costs (C3)

Total insurance administration costs

= [No. of road traffic accident fatalities] × [average insurance compensation per fatality] × [insurance administrative cost per case (percentage according to the company’s performance)] + [No. of road traffic accident injuries] × [average insurance compensation per injury] × [insurance administrative cost per case (percentage according to the company’s performance)] + [No. of road traffic accident PDO vehicles] × [average insurance compensation per PDO vehicle] × [insurance administrative cost per case (percentage according to the company’s performance)]