ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $621 | Benefits minus costs | $3,167 | |||
Participants | $79 | Benefit to cost ratio | $8.48 | |||
Others | $97 | Chance the program will produce | ||||
Indirect | $2,794 | benefits greater than the costs | 73% | |||
Total benefits | $3,590 | |||||
Net program cost | ($423) | |||||
Benefits minus cost | $3,167 | |||||
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 | |||||
Falls‡ An event which results in a person coming to rest inadvertently on the ground or floor or other lower level. |
75 | 3 | 226 | 0.821 | 0.240 | 76 | 1.000 | 0.000 | 77 | 0.821 | 0.480 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Falls | Health care associated with falls | $621 | $79 | $97 | $311 | $1,107 |
Mortality associated with falls | $0 | $0 | $0 | $2,694 | $2,694 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($212) | ($212) |
Totals | $621 | $79 | $97 | $2,794 | $3,590 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $233 | 2016 | Present value of net program costs (in 2023 dollars) | ($423) |
Comparison costs | $0 | 2016 | Cost range (+ or -) | 50% |
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. |
Ng, T.P., Feng, L., Nyunt, M.S., Feng, L., Niti, M., Tan, B.Y., Chan, G., . . . Yap, K.B. (2015). Nutritional, physical, cognitive, and combination interventions and frailty reversal among older adults: A Randomized Controlled Trial. The American Journal of Medicine, 128 (11), 1225-1236.
Rubenstein, L.Z., Josephson, K.R., Trueblood, P.R., Loy, S., Harker, J.O., Pietruszka, F.M., & Robbins, A.S. (2000). Effects of a group exercise program on strength, mobility, and falls among fall-prone elderly men. The Journals of Gerontology. Series A, Biological Sciences and Medical Sciences, 55 (6), 317-21.
Trombetti, A., Hars, M., Herrmann, F.R., Kressig, R.W., Ferrari, S., & Rizzoli, R. (2011). Effect of music-based multitask training on gait, balance, and fall risk in elderly people. Archives of Internal Medicine, 171 (6).
Uusi-Rasi, K., Patil, R., Karinkanta, S., Kannus, P., Tokola, K., Lamberg-Allardt, C., & Sievänen, H. (2015). Exercise and vitamin D in fall prevention among older women: a randomized clinical trial. JAMA internal medicine, 175 (5), 703-711.