• Journal of the Korean Society of Safety
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• v.16 no.2
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• pp.103-109
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• 2001

When workers get accidents in doing their works, industrial accident insurance covers the compensation for the accidents. Generally, this kind of costs is applied in terms of Direct Cost. In our society circumstance to terminate the accident, many kinds of cost (Non-Insurance Cost) are also discharged. Non-Insurance Cost resulted from additional compensation for insurance allowance, is the important basic data source to estimate Loss Cost. Several studies have been done for the output of accident cost, but companies have difficult to apply these studies into practice and generalize the amount of accident loss cost. This study means to suggest improving solutions for the output of Accident Loss Cost and to reduce Opportunity Cost caused by Industrial Accident.

• Journal of the Korean Society of Safety
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• v.20 no.1 s.69
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• pp.113-118
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• 2005

This study delivers the actual condition of investment for industrial accident prevention based on survey of 500 construction sites from 'reports far industry safety and health' published by Korea Occupational Safety & Health Agency (KOSHA). The various research techniques were used such as technical statistic analysis for construction industry, cost comparison of industrial accident prevention and accident loss. A formula was deduced to calculate accident loss and accident frequency by accident prevention cost through regression analysis.

• Journal of the Korea Safety Management & Science
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• v.7 no.5
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• pp.9-18
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• 2005

This study delivers the actual condition of investment for industrial accident prevention based on survey of 526 construction sites. The various research techniques were used such as technical statistic analysis for construction industry, construction and civil engineering works, cost comparison of industrial accident prevention and accident loss. A formula was deduced to calculate accident loss and accident frequency by accident prevention cost through regression analysis.

• Journal of the Korea Safety Management & Science
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• v.7 no.5
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• pp.19-30
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• 2005

This study delivers the actual condition of investment for industrial accident prevention based on survey of 526 construction sites. The various research techniques were used such as technical statistic analysis for construction industry, construction and civil engineering works, cost comparison of industrial accident prevention and accident loss. A formula was deduced to calculate accident loss and accident frequency by accident prevention cost through regression analysis.

• Journal of the Korean Society of Safety
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• v.17 no.1
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• pp.68-71
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• 2002

A research on accident loss calculation for polyol process without safety management activities, and safety cost estimation using process risk assessment has been implemented. In order to estimate a magnitude of loss, accident scenarios were made by combining result made from HAZOP Study method with accident possibility analysis results implemented with FTA. Also effect assessment was implement for accident consequence of each scenario. And minimum possible loss cost has been calculated when safety investment do or not. Result from cost-benefit analysis was shown as approximately \335 billion(=USS44,000 billion), as cost after subtracting safety management cost from minimum possible loss cost.

• Journal of the Korean Society of Safety
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• v.16 no.2
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• pp.63-68
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• 2001

In this study the main elements which can be commonly adopted to every kind of business are selected through the research, case-study, benchmarking common items of a direct or indirect loss cost. As a result of the development of a program for evaluating loss cost a case or accumulated data can be easily managed through estimating the direct and indirect loss cost as tell as the ratio between directs and indirect cost. The program is fit to case-study and we are compared direct cost with indirect cost. Automatically, this program showed ratio between directs and indirect cost for style, scale of accident The person in charge of safety and hygiene can have better chances to get into management also the owner or the CEO can recognize the importance of management of safety and hygiene. So this can guide the company to invest in a prevention of disaster and to adopt a safety and hygiene management promote the prevention activity of a company, and finally decrease the accident rate in the country.

• Journal of the Korean Society of Safety
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• v.19 no.4 s.68
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• pp.94-100
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• 2004

This study delivers the actual condition of investment for industrial accident prevention based on survey of 500 construction sites from 'reports for industry safety and health' published by Korea Occupational Safety & Health Agency (KOSHA). The various research techniques were used such as technical statistic analysis for construction industry, cost comparison of industrial accident prevention and accident loss. A formula was deduced to calculate accident loss and accident frequency by accident prevention cost through regression analysis.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2023.05a
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• pp.407-408
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• 2023

This article proposes a method to assess construction safety risk during the construction phase based on accident loss costs. Risk assessments for hazardous construction work are required by law, but they lack quantitative criteria. To address this, a survey estimated loss costs due to fatalities in the construction industry, finding labor loss cost and delay reimbursement cost to be the largest factors. The proposed method uses algorithm to calculate expected accidents and risk levels based on project characteristics, work methods, personnel, and environment data. This method is expected to enhance the reliability and usability of risk assessments during the construction phase of construction projects.

• Journal of Korean Society of Disaster and Security
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• v.5 no.1
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• pp.1-6
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• 2012

This study analyzed the direct costs of fall accidents, which have the highest accident rate, for domestic construction industry workers. Firstly, the average insurance payment per person due to fall accidents in the construction industry is around 19 million won (18,971,000 won). Given that the average number of workers suffering fall accidents over ten years is 5,863, the total cost of losses from fall accidents is about 1.1 trillion won (111,360,000,000 won). Secondly, a cost-based economic feasibility analysis was done to develop nonstructural preventive measures for fall accidents. Since there was no data expressing the costs and effects of preventive measures in terms of monetary value, the economic feasibility analysis was attempted with a focus on how much the newly introduced preventive measures can reduce the accident loss costs due to fall accidents. Thirdly, if the accident loss size is grasped and the preventive measures for the causes of fall accidents are developed and strictly implemented, the insurance fee that can reduce the accident loss costs can be determined. Further study is needed to estimate the benefit of the accident loss cost reduction seen from the cost-based approach method.

• Journal of the Korean Society of Safety
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• v.26 no.4
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• pp.96-101
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• 2011

In previous studies, a system was developed for classifying items of uninsured cost and for generating factors and formulas by item for calculating accident loss costs. However, the loss cost of stopped production was not considered when the system was being developed. In addition, the system which was developed in previous studies had problems such as input error and data collection, owing to numerous input items. Therefore, this study developed a Revised system which considers the loss cost of stopped production, and a Simple system for improving the problems in input errors and data collection. In this study, unquantifiable factors were not considered. Further study that takes these factors into consideration is necessary.