ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $14,451 | Benefits minus costs | $46,965 | |||
Participants | $32,234 | Benefit to cost ratio | $67.65 | |||
Others | $901 | Chance the program will produce | ||||
Indirect | $84 | benefits greater than the costs | 100% | |||
Total benefits | $47,670 | |||||
Net program cost | ($705) | |||||
Benefits minus cost | $46,965 | |||||
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 | |||||
Anxiety disorder Clinical diagnosis of an anxiety disorder (e.g., general anxiety, panic, social anxiety, obsessive compulsive disorder) or symptoms measured on a validated scale. |
36 | 32 | 726 | -0.525 | 0.064 | 37 | -0.273 | 0.078 | 39 | -0.968 | 0.001 | |
Major depressive disorder^^ Clinical diagnosis of major depression or symptoms measured on a validated scale. |
36 | 19 | 384 | -0.400 | 0.080 | 37 | n/a | n/a | n/a | -0.784 | 0.001 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Anxiety disorder | Labor market earnings associated with anxiety disorder | $13,579 | $31,987 | $0 | $0 | $45,566 |
Health care associated with anxiety disorder | $873 | $247 | $901 | $436 | $2,456 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($352) | ($352) |
Totals | $14,451 | $32,234 | $901 | $84 | $47,670 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $1,458 | 2015 | Present value of net program costs (in 2023 dollars) | ($705) |
Comparison costs | $814 | 2008 | 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. |
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