|Benefit-Cost Summary Statistics Per Participant|
|Taxpayers||$1,527||Benefits minus costs||$3,696|
|Participants||$3,051||Benefit to cost ratio||$5.78|
|Others||$198||Chance the program will produce|
|Indirect||($307)||benefits greater than the costs||98 %|
|Net program cost||($773)|
|Benefits minus cost||$3,696|
|Detailed Monetary Benefit Estimates Per Participant|
|Benefits from changes to:1||Benefits to:|
|K-12 grade repetition||$6||$0||$0||$3||$8|
|Labor market earnings associated with anxiety disorder||$1,369||$3,014||$0||$0||$4,382|
|Health care associated with anxiety disorder||$164||$53||$203||$81||$501|
|Costs of higher education||($11)||($16)||($5)||($5)||($37)|
|Adjustment for deadweight cost of program||$0||$0||$0||($385)||($385)|
|Detailed Annual Cost Estimates Per Participant|
|Annual cost||Year dollars||Summary|
|Program costs||$1,661||2010||Present value of net program costs (in 2015 dollars)||($773)|
|Comparison costs||$943||2010||Cost range (+ or -)||10 %|
|Estimated Cumulative Net Benefits Over Time (Non-Discounted Dollars)|
|The graph above illustrates the estimated cumulative net benefits per-participant for the first fifty years beyond the initial investment in the program. We present these cash flows in non-discounted dollars to simplify the “break-even” point from a budgeting perspective. If the dollars are negative (bars below $0 line), the cumulative benefits do not outweigh the cost of the program up to that point in time. The program breaks even when the dollars reach $0. At this point, the total benefits to participants, taxpayers, and others, are equal to the cost of the program. If the dollars are above $0, the benefits of the program exceed the initial investment.|
|Meta-Analysis of Program Effects|
|Outcomes measured||No. of effect sizes||Treatment N||Adjusted effect sizes (ES) and standard errors (SE) used in the benefit-cost analysis||Unadjusted effect size (random effects model)|
|First time ES is estimated||Second time ES is estimated|
|Major depressive disorder||1||41||-0.202||0.227||11||0.000||0.025||12||-0.482||0.036|
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