"Accident costs are founded in market values, and comprise public services (police, rescue and treatment), the loss of net productivity, premature deaths, minor and major injuries, and the cost of material damage. Costs are calculated in comparison to number of accidents related to cars/bicycles, and interpolated by the number of km driven/cycled. Accidents entail a cost of Euro 0.022/km for driving and Euro 0.106/km for cycling (COWI and Køpenhavns Kommune, 2009; Transportministeriet, 2010). Even though accidents involving cyclists entail lower material damage costs, overall costs are higher, as cyclists are more exposed and hence affected by accidents. As outlined by Transportministeriet (2013), there remains considerable uncertainty regarding average accident costs for cyclists."

I doubt the cost of treatment is recovered from road insurance policies in Denmark.

(Also NB this is urban driving at 50km/h, the accident cost of extra-urban driving may be higher.)