Agreed. But I think quantifications can still be useful.
Person-years probably aren't the right sort of quantification though, in that they blend together too many kinds of human experience. But I imagine most people would agree that statements like "X% of grandparents, lost 10 years earlier than expected" or "Y% of children under 10" allow for comparing the relative impact on families.
Quantifying losses doesn't mean that we consider the quantified as fungible.
Unless you're a hospital director on a budget, or something. (I don't know how such people cope; there's no winning decision there.)
And in context of opportunity cost, in a situation where limited medical resources need to be allocated, it’s not a controversial opinion that a 90 year old can be let go in favor of saving a 10 year old.