Investor Presentaiton

Made public by

sourced by PitchSend

1 of 26

Creator

PitchSend logo
PitchSend

Category

Healthcare

Published

June 2012

Slides

Transcriptions

#1Nebraska became an island in the middle of the country being the only remaining state to mandate helmet use. WA MT ND MN VÌ NH. SD WI ME OR ID WY MI NY NE IA MA NV . ÚT IL IN OH PA CO NJCT RI CA KS DU MO WV KY VA OK AZ NM HT TN NC WW -DE MD AR SC MS AL GA TX LA AK HI FL All riders required to wear a helmet Age requirement on riders who need to wear a helmet No helmet law#2State Helmet laws There are only three states that do not have motorcycle helmet laws: Illinois, Iowa, and New Hampshire. Nineteen states require that all riders wear a helmet. Eighteen states require riders 17 and younger to wear helmets, and nine states require riders 20 and younger to wear helmets. Delaware requires riders 18 and younger to wear helmets, and Missouri sets the age as 25.#3Helmet Failures#4No helmets are "certified" by the Department of Transportation. Each helmet is required to meet FMVSS 218 standard to place the DOT sticker on the back of the helmet to say it is compliant. The DOT does test helmets randomly yearly and of that on average from the past 5-year period 66.1% failed to meet the requirements. Very few recalls are ever issued ... one of the tests is impact dropped from approximately 9.8' simulating approximately 13 mph. *Data from NHTSA office of vehicle safety Compliance, compliance database year # tested passed failed % failed 2017 35 17 18 51.4% 2018 22 2 20 90.9% 2019 56 10 46 82.1% 2020 32 10 22 68.8% 2021 24 15 9 37.5% AVG. Failed 66.1%#5( 鮮肉 182*** Rise in Insurance Costs Debunked • The following data has been summarized from The Kaiser Family Foundation data from 2012 by Matt Danielson#6• Every year it seems that the same arguments are rolled out in order to encourage universal helmet laws. Critics of helmet choice often cite studies which claim that allowing motorcyclists to ride without helmets increases public costs and results in increased injuries and fatalities. • BUT • Are these studies predicated on reliable data? • "Facts from paper are not the same as facts from people. The reliability of the people giving you the facts is as important as the facts themselves." • Harold S. Geneen Former CEO of ITT Corporation • Let's take a look at 5 facts that you won't see in these studies#7• FACT #1 ... Evidence does not support the claim that laws allowing adult motorcycle riders to choose whether or not to wear a helmet result in increased health care costs. • Supporting Data • In its recent review of hospital expenses around the country, the Kaiser Family Foundation broke down inpatient hospital expenses per day in 2012. They did this for each state and the District of Columbia. The average daily inpatient hospital cost for states which had mandatory motorcycle helmet laws was $2,047 • The average daily inpatient hospital cost for states which allowed adult riders to choose whether or not to wear a motorcycle helmet was $1,987 • Conclusion ⚫ That means that patients in states which had mandatory helmet laws paid an average of $60 more per day for inpatient hospital care than did patients in states which allowed adult riders to make their own choice on the issue.#8• FACT #2 ... Evidence does not support the claim that laws allowing adult motorcycle riders to choose whether or not to wear a helmet result in increased yearly health care premiums. • Supporting Data • The most recent report of the Joint Economic Committee of the United States Congress on state by state premiums looked at yearly health insurance premium payments through 2006. • The average yearly premium in 2006 for single health care coverage in states which had mandatory motorcycle helmet laws was $4,390 • The average yearly premium for single health care coverage in states which allowed adult riders to choose whether or not to wear a motorcycle helmet was $4,335 Conclusion • The average yearly premium for single health care coverage in 2006 was $55 more in states with mandatory motorcycle helmet laws than it was in states which allowed adults to make their own choice on the issue.#9• Supporting Data • The average yearly premium for family health care coverage in states which had mandatory motorcycle helmet laws $11,847 • The average yearly premium for family health care coverage in states which allowed adult riders to choose whether or not to wear a motorcycle helmet was $11,490 • Conclusion • The average yearly premium for family health care coverage in 2006 was $357 more in states with mandatory motorcycle helmet laws than it was in states which allowed adults to make their own choice on the issue.#10• FACT #3... Evidence does not support the claim that laws allowing adult motorcycle riders to choose whether or not to wear a helmet result in increased monthly health care premiums. Supporting Data • The most recent report on the subject of average monthly individual health care premiums by the Kaiser Family Foundation looked at average monthly individual health care premiums by state for the year 2013. • The average monthly individual health care premium in states which had mandatory motorcycle helmet laws was $267.53 The average monthly individual health care premium in states which allowed adult riders to choose whether or not to wear a motorcycle helmet was $245.26. • Conclusion • In 2013, people in states with mandatory motorcycle helmet laws paid on average $22.27 more per month for individual health care coverage than did people in states which allowed adults to make their own choice on the issue.#11FACT #4 Evidence does not support the claim that laws allowing adult motorcycle riders to ... choose whether or not to wear a helmet result in increased motor vehicle insurance rates. • • Supporting Data Insure.com has once again released its yearly report on motor vehicle insurance rates for each state. The latest report looks at motor vehicle insurance rates in each state for the year 2014. • On average, people in states which had mandatory motorcycle helmet laws paid $1,582.45 for motor vehicle insurance. . Compare that to $1,451.45 for people who lived in states which allowed adult riders to choose whether or not to wear a motorcycle helmet. • Conclusion . This means that in 2014, people who lived in states with mandatory motorcycle helmet laws paid on average $131 more for motor vehicle insurance than did people who lived in states which allowed adults to make their own choice on the issue.#12FACT #5 ... Groups such as the Centers for Disease Control (CDC) and Advocates for Highway and Auto Safety take the position that training and education is of little to no value when it comes to motorcycle safety. They and other "safety" organizations take the position that universal motorcycle helmet laws are the only proven method of reducing motorcycle fatalities. Their Own Words • "Helmets are the only safety measure proven to save lives" • Motorcycle safety - How to Save Lives and Save Money, Center for Disease Control and Prevention - June 2012 ⚫ "While basic rider courses teach important skills, the effectiveness of training as a safety countermeasure to reduce motorcycle crashes is unclear" • Traffic Safety Facts, National Highway Traffic Safety Administration - March, 2010 • "There is no scientific evidence that motorcycle rider training reduces crash risk and is an adequate substitute for an all- rider helmet law" Lethal Loopholes, Advocates for Highway & Auto Safety - January 2015#13• • Is there data to support such claims? Data According to the National Highway Traffic Safety Administration (NHTSA), between 2005 and 2012 motorcycle registrations have increased 36% nationwide while motorcycle fatalities per 100,000 registered motorcycles have decreased 20%. NHTSA's own data shows that during that same period motorcycle vehicle miles traveled increased 104% while motorcycle fatalities per 100 million vehicle miles traveled decreased 47%. • Application of the Data So what do we know about the time period between 2005 and 2012? • Between 2005 and 2012 there has been an increased emphasis on motorcycle training and education. Forty-Seven states currently have state legislated motorcycle training programs in place; the other three have private training facilities. • Rider education and training focuses on avoiding a crash rather than merely surviving one. Regardless of the effectiveness of any piece of gear, there is no such thing as a safe crash. The only safe crash is the one that does not occur. That is the goal of training and education, to keep the crashes from occurring in the first place.#14What else do we know about the time period between 2005 and 2012? • Not a single state instituted a mandatory motorcycle helmet law NOT ONE • In fact, one, Michigan, actually amended their law to allow adults to make their own choice. • Conclusion: Rider training and education is a proven safety measure to reduce motorcycle fatalities.#15• We must set the record straight when we see opinions offered as facts. If we don't, they will be accepted as facts. NHTSA recently announced a Notice of Proposed Rulemaking to amend Federal Motor Vehicle Safety Standard (FMVSS) No. 218, which concerns motorcycle safety helmets. • NHTSA proposes to modify the existing performance requirements of the standard by adding construction requirements. • The objective is to aid law enforcement officers in enforcing local state helmet laws which have adopted FMVSS No. 218. • ⚫ The MRF and numerous SMROs have submitted comments pointing out the problems with the proposed amendments. • The proposal fails to take into consideration the rapid pace of technological change in this area. The proposed dimension and compression requirements will effectively shut out manufacturers who use technology to construct superior helmets. NHTSA's answer to this is to create a list of helmets which will be exempt from the construction requirements. The helmets on this list will comply with the performance requirements of FMVSS No. 218 but fail to meet its proposed construction requirements. That strategy creates a worse problem. The law enforcement officer on the street will not have immediate access to such a list. This is likely to result in needless detentions and wrongful citations.#16• The MRF believes that motorcycle helmet enforcement is a state issue and not a federal issue. • . Motorcycle helmet laws vary from state to state. • If a particular state is having an issue enforcing its own motorcycle helmet law, that problem is best addressed by that state's elected officials not by NHTSA. • "Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty." • Thomas Jefferson • Prepared by Matt Danielson [email protected]#17National / State Traffic data *Data in following pages all from NHTSA Fatality Reporting System (FARS) Online portal#182020 Crash Data Nationally 60% of all Motorcycle fatalities were wearing helmets despite only 19 states having mandatory laws Motorcyclists in Fatal Crashes, by Helmet Use Home Geography 45% Crash Characteristics 40% Unhelmeted Age Group 60% Helmeted 51% 57% 56% 55% 57% 56% 63% 65% 66% 69% 69% 55% 49% 43% 44% 45% 43% 44% 37% 35% 34% 31% 31% <15 15-20 21-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+ Crash Type#19Home Geography Crash Characteristics 18% Unhelmeted 100% Nebraska Fatalities 2020 shows 82% wearing helmets Motorcyclists in Fatal Crashes, by Helmet Use 50% 50% 50% 50% 100% 50% 50% 82% Helmeted Age Group 100% 100% 100% 100% 100% 80% 20% 15-20 21-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+#20Missouri after changing the helmet law to allow adult riders to choose still showed more fatalities from helmeted riders 80% Home 20% Unhelmeted Motorcyclists in Fatal Crashes, by Helmet Use 80% Helmeted Age Group 60% 62% Geography 71% 70% 75% 80% 88% 87% 90% 93% 94% Crash Characteristics LI 40% 38% 29% 30% 25% 20% 13% 13% 7% 10% 15-20 21-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+ Crash Type#21• The fact remains some crashes are not survivable • We must look deeper at the data all crashes on our roadways not just motorcycles vs cars • Pedestrian as defined for the following visualization is any person on foot, walking, running, jogging, hiking, sitting or lying down who is involved in a motor vehicle traffic crash. • These exclude people on personal conveyences like roller skates, inline skates, skateboards, baby strollers, scooters, toy wagons, motorized skateboards, motorized toy cars, segway-style devices, motorized and non-motorized wheelchairs and scooters for those with disabilities.#222020 2019 2018 2017 2016 2015 2014 2013 2012 2011 Passenger Vehicle Occupant Fatalities, National, 2011-2020 224,500 Note: Select one year or consecutive years only National Motorcyclist Fatalities, 2011-2020 50,155 2020 6,516 National Pedestrian Fatalities, 2011-2020 55,775 2019 6,272 23,824 2018 6,374 22,372 5,943 2017 6,075 22,845 2016 6,080 23,663 4,926 23,787 2015 5,494 2014 4,910 22,641 21,050 2013 4,779 2012 21,223 21,779 2011 4,818 4,457 21,316 Note: Select one year or consecutive years only Pedestrian fatalities by month 2020 5,579 2019 5,044 2018 5,038 2017 5,226 2016 5,337 2015 5,029 2014 4,594 2013 4,692 2012 4,986 2011 4,630 Note: Select one year or consecutive years only More People are dying on our roadways walking than by riding a motorcycle! This would suggest a bigger problem If people can be hit crossing the street or by cars leaving the roadway... in greater numbers than those that actually share the road#232020 2019 2018 2017 2016 2015 2014 2013 2012 2011 Further proof Mandatory helmet laws are not the cure Comparison of Nebraska with a helmet mandate and South Dakota with the largest rally in the country no mandatory helmet law, 2.5 times the number of motorcycles and fewer fatalities The difference a high degree of safety and awareness programs in the state South Dakota Motorcyclist Fatalities, 2011-2020 204 27 2020 14 2019 2018 16 16 2017 22 2016 2015 31 2014 17 22 25 2013 2012 2011 14 Note: Select one year or consecutive years only *129,769 registered motorcycles Nebraska Motorcyclist Fatalities, 2011-2020 233 34 25 23 27 20 25 20 14 22 23 Note: Select one year or consecutive years only *50,373 registered motorcycles *https://www.statista.com/statistics/191002/number-of-registered-motorcycles-in-the-us-by-state/#24Economic Impact

Download to PowerPoint

Download presentation as an editable powerpoint.

Related

Fiscal 3Q Investor Presentation image

Fiscal 3Q Investor Presentation

Healthcare

FY23 Full-Year Results Presentation image

FY23 Full-Year Results Presentation

Healthcare

Healthcare Network P&L Statement and Expansion Projects image

Healthcare Network P&L Statement and Expansion Projects

Healthcare

Accreditation and Quality Assurance Overview image

Accreditation and Quality Assurance Overview

Healthcare

Investment Highlights image

Investment Highlights

Healthcare

Investor Presentation image

Investor Presentation

Healthcare

IDEAYA Biosciences Interim IDE397 Phase 1 Clinical Data and Q1 2022 Corporate Update image

IDEAYA Biosciences Interim IDE397 Phase 1 Clinical Data and Q1 2022 Corporate Update

Healthcare

BioAtla Investor Presentation Deck image

BioAtla Investor Presentation Deck

Healthcare