ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $12 | Benefits minus costs | ($96) | |||
Participants | $4 | Benefit to cost ratio | ($0.05) | |||
Others | $20 | Chance the program will produce | ||||
Indirect | ($40) | benefits greater than the costs | 45% | |||
Total benefits | ($5) | |||||
Net program cost | ($92) | |||||
Benefits minus cost | ($96) | |||||
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 | |||||
Hospitalization Hospital admission, for any reason. |
7 | 10 | 1342 | 0.015 | 0.101 | 8 | 0.000 | 0.086 | 10 | 0.153 | 0.475 | |
Emergency department visits Whether someone visited the emergency department, or the number of times they visited the emergency department. |
7 | 7 | 688 | -0.088 | 0.124 | 8 | 0.000 | 0.086 | 10 | -0.088 | 0.475 | |
School attendance^ Number or percentage of school days present in a given enrollment period. |
7 | 4 | 142 | 0.002 | 0.219 | 8 | n/a | n/a | n/a | 0.002 | 0.994 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Hospitalization | Health care associated with general hospitalization | ($5) | $0 | ($5) | ($3) | ($13) |
Emergency department visits | Health care associated with emergency department visits | $17 | $5 | $25 | $8 | $54 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($46) | ($46) |
Totals | $12 | $4 | $20 | ($40) | ($5) | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $77 | 2014 | Present value of net program costs (in 2022 dollars) | ($92) |
Comparison costs | $0 | 2014 | Cost range (+ or -) | 25% |
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. |
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