While it only takes one wrong turn to find yourself in a car crash, the consequences can last for years. Apart from the emotional and physical effects, a car accident is undoubtedly a financial burden as well. According to a
study by H.C. Chin, the cost per traffic fatality is S$1.273 million while that of a serious injury and a slight injury is S$163,000 and S$12,000 respectively. Below, we explore six costs that result from a car accident in Singapore.
1. Healthcare Cost
Medical costs are the most immediate expense following a car accident. Depending on the severity of the car accident, healthcare costs can include the ambulance ride, x-ray scans, emergency room treatment, surgery, pain medication, physical therapy, and more. The driver and passengers may experience minor injuries such as a broken bone or more severe injuries such as traumatic brain damage.
What is The Average Cost of a Medical Procedure in Singapore?
| Type of Hospital |
Medical specialities (S$) |
Surgical specialties (S$) |
| Public Hospital |
1,012 to 7,876 |
1,638 to 10,541 |
| Private Hospital |
3,906 to 24,687 |
8,109 to 18,993 |
The above table illustrates the average cost of a medical procedure in a public hospital versus a private...
