Posts Tagged ‘NHTSA’

Highway Safety Improvement Program

Monday, July 12th, 2010

AMERICAN TRAFFIC SAFETY SERVICES ASSOCIATION
Based on economic values developed by the National Highway Traffic Safety Administration (NHTSA), the savings from society from preventing a single traffic fatality is $6.1 million. Using this figure, calculations indicate that every $1 million increase of HSIP funds obligated results in an annual savings of approximately $42.7 million in societal costs to the United States (i.e. a benefit/cost ratio of 42.7 to 1).

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