scholarly journals ECONOMIC EVALUATION OF PREVENTIVE HEALTHCARE: A COST BENEFIT ANALYSIS OF A PARENTING PROGRAM

2021 ◽  
Vol 9 (2) ◽  
pp. 89-97
Author(s):  
Nina Ponikvar ◽  
◽  
Marija Anderluh ◽  
Eva Strmljan Kreslin ◽  
Mojca Marc ◽  
...  
Keyword(s):  
Economic Evaluation ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Parenting Program ◽  
Health Programs ◽  
Parenting Programs ◽  
Benefit Analysis ◽  
Present Value ◽  
Cost Index ◽  
Positive Effects

The positive impact of parenting programs on the health and wellbeing of individuals and their immediate community has been confirmed in many studies. Often, and especially during the Covid-19 pandemics, prevention health programs are stalled due to other policy priorities. Costbenefit analysis (CBA) can be used for the economic evaluation of public health programs to support evidence-based health policies and allows the comparison of the monetized effects of programs across different societal domains. However, CBA requires a variety of data that are typically difficult to obtain. Using the Incredible Years (IY) parenting program case, we illustrate how CBA can be practically applied. For parenting programs, the positive effects arise exclusively in non-monetary form as benefits arising from avoiding adverse effects in society. We show how to monetize them by estimating the avoided costs of healthcare, educational, and other societal costs due to the program's implementation. At a 4% social discount rate, the economic net present value is positive and high, showing that the present value of the program's benefits exceeds the costs of the program by almost €800 thousand. The benefit-to-cost index of 5.6 confirms that every € invested in the program brings benefits of €5.6 in monetary terms. Cost-benefit analysis provides a convincing foundation for distributing public funds as it allows for a comparison of fieldrelated programs and programs from different fields. Consequently, they increase any public policy's effectiveness and efficiency, but especially preventive health policy.

scholarly journals Economic evaluation strategies in telehealth: Obtaining a more holistic valuation of telehealth interventions

2016 ◽  
Vol 23 (9) ◽  
pp. 792-796 ◽  
Author(s):  
Centaine Snoswell ◽  
Anthony C Smith ◽  
Paul A Scuffham ◽  
Jennifer A Whitty
Keyword(s):  
Economic Evaluation ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Policy And Practice ◽  
Societal Values ◽  
Holistic Approaches ◽  
Economic Methods ◽  
Evaluation Strategies ◽  
Clinical Benefits

Telehealth is an emerging area of medical research. Its translation from conception, to research and into practice requires tailored research and economic evaluation methods. Due to their nature telehealth interventions exhibit a number of extra-clinical benefits that are relevant when valuing their costs and outcomes. By incorporating methods to measure societal values such as patient preference and willingness-to-pay, a more holistic value can be placed on the extra-clinical outcomes associated with telehealth and evaluations can represent new interventions more effectively. Cost-benefit analysis is a method by which relevant costs and outcomes in telehealth can be succinctly valued and compared. When health economic methods are conducted using holistic approaches such as cost-benefit analysis they can facilitate the translation of telehealth research into policy and practice.

Cost–benefit analysis for applied public health economic evaluation

2019 ◽  
pp. 204-232 ◽  
Author(s):  
Emma McIntosh ◽  
Camilla Baba ◽  
Willings Botha
Keyword(s):  
Public Health ◽  
Economic Evaluation ◽  
Cost Benefit Analysis ◽  
Stated Preference ◽  
Health Economic Evaluation ◽  
Public Health Intervention ◽  
Cost Benefit ◽  
Health Interventions ◽  
Benefit Analysis ◽  
Process Outcomes

Chapter 9 introduces the reader to the stages of cost–benefit analysis (CBA) as specifically applied to public health intervention economic evaluation. The specific focus of this chapter follows on from the messages of Chapter 6 on the relevance of, and methods for, quantifying the ‘outcomes’ of public health interventions in monetary form for CBA. Two case studies focus on the use of stated preference discrete choice experiment (SPDCE) methodology for valuation of multi-attribute benefits comprising health, non-health, and process outcomes of the type likely to occur in PHIs.

The Concept of Cost in the Economic Evaluation of Health Care: A Theoretical Inquiry

1994 ◽  
Vol 10 (4) ◽  
pp. 675-682 ◽  
Author(s):  
Magnus Johannesson
Keyword(s):  
Health Care ◽  
Economic Evaluation ◽  
Willingness To Pay ◽  
Treatment Program ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Evaluations ◽  
Benefit Analysis ◽  
Full Economic Evaluation ◽  
The Individual

AbstractThe costs included in economic evaluations of health care vary from study to study. Based on the theory of cost-benefit analysis, the costs that should be included in an economic evaluation are those not already included in the measurement of willingness to pay (net willingness to pay above any treatment costs paid by the individual) in a cost-benefit analysis or in the easurement of effectiveness in a cost-effectiveness analysis. These costs can be defined as the onsumption externality of the treatment (the change in production minus consumption for those included in the treatment program). For a full economic evaluation, the consequences for those included in the treatment program and a caring externality (altruism) should also be added.

WELFARE-REDUCING GROWTH AND COST-BENEFIT ANALYSIS: ESSAY IN MEMORY OF E.J. MISHAN

2016 ◽  
Vol 61 (03) ◽  
pp. 1640013 ◽  
Author(s):  
YEW-KWANG NG
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Environmental Concerns ◽  
Benefit Analysis ◽  
Negative Effects ◽  
Positive Effects ◽  
One Child Policy ◽  
Child Policy ◽  
Biased Sex Ratio ◽  
The One

Mishan’s emphasis on the costs of economic growth half a century ago is becoming more important in this era of environmental concerns. More recently, another possible source of immiserizing growth is the one-child policy (recently relaxed) of China. This resulted in a biased sex-ratio and higher competition to earn incomes (to increase the probability of getting a wife), resulting in positive effects on GDP but negative effects on welfare. The implications of welfare-reducing growth for cost-benefit analysis and the legalization of prostitution are also discussed.

scholarly journals Proposal of Economic Assessment of Hard Coal Mines Operation Conducted in Polish Conditions with the Use of Cost Benefit Analysis

2016 ◽  
Vol 61 (4) ◽  
pp. 875-892
Author(s):  
Piotr Krawczyk ◽  
Marzena Majer ◽  
Joanna Krzemień
Keyword(s):  
Economic Evaluation ◽  
Cost Benefit Analysis ◽  
Coal Mines ◽  
Cost Benefit ◽  
Mining Operation ◽  
Economic Assessment ◽  
Point Of View ◽  
Hard Coal ◽  
Benefit Analysis ◽  
Social Costs And Benefits

Abstract The paper presents possibilities of an economic evaluation of hard coal mines, using Cost Benefit Analysis (CBA). Suggested methodology for CBA applied to the economic evaluation of a mine allows to conduct a complex evaluation of mine’s functionality in connection to Polish conditions. Additionally to financial aspects, significant from the point of view of the mine’s owner, the paper includes social and environmental effects as a result of mining activities. Proposed methodology has undergone tests which used averaged data obtained from two selected hard coal mines located in the Upper Silesian Coal Basin. Presented results confirm the validity of social costs and benefits, and environmental losses resulting from mining operation, which were included in analysis comprehensively evaluating the efficiency of hard coal mines.

scholarly journals Analisis Sistem Pengadaan Kendaraan Dinas Operasional Pemerintah Melalui Sistem Pembelian dan Sewa (Studi Pada Politeknik Negeri Padang)

2020 ◽  
Vol 15 (1) ◽  
pp. 91-101
Author(s):  
Elfitri Santi ◽  
Afridian Wirahadi ◽  
Arif Wahyu Saputra ◽  
Rasyidah Mustika ◽  
Ferdawati
Keyword(s):  
Net Present Value ◽  
Cost Benefit Analysis ◽  
Research Result ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Present Value ◽  
Analysis Instrument ◽  
The Cost ◽  
Value Of Money

The official goverment vehicles supply demand the goverment allocate fund in carefully and precise based on the needs. The value of money analysis between buy, rent, and leasing to supplying the official vehicles in Polytechnic State’s of Padang. intent on calculating, analyze, and comparing which alternative that make more value of money between the provisions system of buying, renting and leasing. Methods this Research is Qualitative and The analysis instrument that use in this research is Net Present Value Method also calculating the cost benefit analysis . The research examine 3 type or merk that represent the officeholder vehicles, such as Toyota Hiace Commuter, Kijang Innova V A/T, dan Avanza Veloz. The result of this research indicated that officeholder vehicles supplying system through the buying system is has more benefit that follow by the leasing system and the renting system. This research result could be a reference for Goverment in choosing supplying system of officeholder vehicles in Padang State’s Polytechnic.

Sign in / Sign up

Export Citation Format

Share Document