Saturday, October 06, 2012

Proposed Federal Mandate Would Cost $57.2 Million Per Life Saved

Proposed Federal Mandate Would Cost $57.2 Million Per Life Saved [Michigan Capitol Confidential]
The National Highway Traffic Safety Administration says it hopes to complete a rule that would require rear view cameras in the back of vehicles, which could cost as much as $57.2 million per life saved.

Equipping all vehicles with the rearview camera with interior mirror display would cost between $1.1 billion to $2.57 billion and is estimated to result in 26 to 69 "total fatalities avoided," according to NHTSA documents.

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