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Old May 22nd 19, 05:20 PM posted to uk.rec.cycling
jnugent
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Posts: 11,574
Default Another racing cyclist that cannot handle a hill, dies.

On 22/05/2019 17:12, MrCheerful wrote:

On 22/05/2019 15:56, JNugent wrote:
On 22/05/2019 15:02, GB wrote:
On 21/05/2019 19:03, MrCheerful wrote:


another million quid of taxpayers money wasted.

A million quid to take him to hospital, give him some resusc.,Â* and
pronounce him dead? Why?

https://www.birminghammail.co.uk/new...-2019-16308063


Where oes the million pounds figure come from?


according to this site:
http://www.makingthelink.net/tools/c...road-accidents
it is now 1.69 million


QUOTE:
"Cost of a fatal casualty (all ages) - including lost output, medical
and ambulance costs and human costs"
ENDQUOTE

Yes but... that's the estimate (ie, made-up) average cost of a road
accident fatality. It includes - and this is important - an estimated
value of the deceased person's rest of life productivity, which must be
quite difficult to estimate accurately. So that bit of the figure has to
be taken with a few pinches of salt.

It also includes "human costs" which means that a value is put on the
distress and losses caused to bereaved relatives, friends, etc. I can
see that in these touch-feely days, one would want to value such losses,
but whether it ought to be done in money - and how that should be done
anyway - is far from clear.

Overall, it does not mean that £1,690,000 is the value of emergency
services expended on dealing with the incident. The figure for "lost
output" will be the biggest part of it. Most of it will be expended or
incurred even if no emergency services are involved.

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