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Propose 4 ways in which the government can ensure that road accident fund operates more effectively

Respuesta :

The Road Accident Fund (RAF), is a fund set up by the South African government to help victims of road accidents to pay for insurance costs, they raise money for this through leveraging a tax on fuel, government grants, and minor income through the RAF's investments. They could operate more effectively through sponsoring renewable energy sources, encouraging more electric cars on the roads, adding on road/toll taxes, and also encouraging stricter laws on drivers  (e.g. drink-driving limits). Through sponsoring energy efficient programs, they could leverage the revenue to help pay for funds, advocating for more restrictions on drivers and fundraising money through taxation, this could help to reduce vehicular fatalities and accidents, as well as raise additional funding.

South African government provides RAF (Road Accident Fund) to victims of road accidents. RAF is a setup to help victims of road accidents to pay for insurance costs, government grants, and minor income through the RAF's investments and some other according to act.

Further Explanation:  

1. Road Accident Fund:

The Road Accident Fund (RAF) in South Africa, is a state back up plan set up by statute. It gives protection spread to all drivers of engine vehicles in South Africa in regard of obligation acquired or harm caused because of a car accident. Obligation brought about in connection to property harm, (for example, harm to vehicles, structures, vehicle substance) is prohibited from spread. The Road Accident Fund works a framework whereby the petitioner is relegated a level of duty regarding the mishap, and the Road Accident Fund pays the inquirer a level of a full settlement dependent on a rate that was not considered to be their obligation. Protection premiums are gathered by the Road Accident Fund through a duty on engine vehicle fuel.

2. Principal activities:

The RAF gives compulsory cover to all users of South African roads/streets, both citizens and foreigners, against injuries sustained or death arising from accidents including motor vehicles within the borders of South Africa. This cover is in the form of indemnity insurance to persons who cause the accident, as well as personal injury and death insurance to victims of motor vehicle mishaps and their families.

3. Social role:

The socio-economic role of the RAF is to re-coordinate victims of road accidents into society, from a health and monetary point of view, and to secure at-fault drivers and their families from money related ruin. This is done by the RAF paying the medical and related services costs required to reestablish accident victims to health, compensating the victims or their families for income or support lost as a result of the accident, and indemnifying the wrongdoer from obligation.

Subject: Health

Level: High School

Key word: Road Accident Fund(RAF), Principal activities, Social role.

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