ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $1,162 | Benefits minus costs | $11,830 | |||
Participants | $1,218 | Benefit to cost ratio | $47.21 | |||
Others | $656 | Chance the program will produce | ||||
Indirect | $9,050 | benefits greater than the costs | 98% | |||
Total benefits | $12,086 | |||||
Net program cost | ($256) | |||||
Benefits minus cost | $11,830 | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | Primary or secondary participant | 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 | |||||
Preterm birth*** Infant is born at less than 37 weeks gestation. |
27 | Primary | 5 | 457 | -0.340 | 0.130 | 27 | 0.000 | 0.000 | 28 | -0.340 | 0.009 |
Low birthweight birth*** Infant is born with a birth weight less than 2,500 grams. |
27 | Primary | 4 | 151 | -0.494 | 0.217 | 27 | 0.000 | 0.000 | 28 | -0.494 | 0.023 |
Regular smoking Smoking tobacco on a regular basis. |
27 | Primary | 4 | 422 | -0.498 | 0.121 | 27 | -0.498 | 0.121 | 37 | -0.498 | 0.001 |
Smoking during late pregnancy^ Any smoking after 32 weeks gestation. |
27 | Primary | 7 | 516 | -0.752 | 0.110 | 27 | n/a | n/a | n/a | -0.752 | 0.001 |
NICU admission Infant is admitted to a neonatal intensive care unit (NICU). |
1 | Secondary | 4 | 151 | -0.339 | 0.213 | 1 | 0.000 | 0.000 | 2 | -0.339 | 0.112 |
Preterm birth*** Infant is born at less than 37 weeks gestation. |
1 | Secondary | 5 | 457 | -0.340 | 0.130 | 1 | 0.000 | 0.000 | 2 | -0.340 | 0.009 |
Low birthweight birth*** Infant is born with a birth weight less than 2,500 grams. |
1 | Secondary | 4 | 151 | -0.494 | 0.217 | 1 | 0.000 | 0.000 | 2 | -0.494 | 0.023 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Low birthweight birth | Health care associated with low birthweight births | $55 | $2 | $55 | $27 | $139 |
Subtotals | $55 | $2 | $55 | $27 | $139 | |
From secondary participant | ||||||
Low birthweight birth | Infant mortality | $506 | $1,191 | $0 | $8,850 | $10,546 |
NICU admission | Health care associated with NICU admissions | $602 | $25 | $602 | $301 | $1,529 |
Subtotals | $1,107 | $1,215 | $602 | $9,151 | $12,075 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($128) | ($128) |
Totals | $1,162 | $1,218 | $656 | $9,050 | $12,086 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $446 | 2016 | Present value of net program costs (in 2023 dollars) | ($256) |
Comparison costs | $237 | 2016 | Cost range (+ or -) | 30% |
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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