ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $5 | Benefits minus costs | $3 | |||
Participants | $1 | Benefit to cost ratio | $1.28 | |||
Others | $8 | Chance the program will produce | ||||
Indirect | ($2) | benefits greater than the costs | 49% | |||
Total benefits | $13 | |||||
Net program cost | ($10) | |||||
Benefits minus cost | $3 | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | No. of effect sizes | Treatment N | 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 | |||||||||||
ES | SE | Age | ES | SE | Age | ES | p-value | |||||
Emergency department visits Whether someone visited the emergency department, or the number of times they visited the emergency department. |
18 | 1 | 9822 | -0.032 | 0.021 | 18 | 0.000 | 0.086 | 20 | -0.032 | 0.128 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Emergency department visits | Health care associated with emergency department visits | $5 | $1 | $8 | $3 | $17 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($5) | ($5) |
Totals | $5 | $1 | $8 | ($2) | $13 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $8 | 2014 | Present value of net program costs (in 2023 dollars) | ($10) |
Comparison costs | $0 | 2014 | Cost range (+ or -) | 10% |
Benefits Minus Costs |
Benefits by Perspective |
Taxpayer Benefits by Source of Value |
Benefits Minus Costs Over Time (Cumulative 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 discounted dollars. 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. |
Rector, T.S., Venus, P.J., & Laine, A.J. (1999). Impact of mailing information about nonurgent care on emergency department visits by Medicaid beneficiaries enrolled in managed care. The American Journal of Managed Care, 5(12), 1505-1512.