ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $53 | Benefits minus costs | $45 | |||
Participants | $7 | Benefit to cost ratio | $1.29 | |||
Others | $8 | Chance the program will produce | ||||
Indirect | $133 | benefits greater than the costs | 59% | |||
Total benefits | $201 | |||||
Net program cost | ($156) | |||||
Benefits minus cost | $45 | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | No. of effect sizes | Treatment N | Adjusted 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. |
74 | 4 | 306 | 0.856 | 0.070 | 74 | 1.000 | 0.000 | 75 | 0.856 | 0.057 |
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 | $53 | $7 | $8 | $27 | $95 |
Mortality associated with falls | $0 | $0 | $0 | $184 | $184 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($78) | ($78) |
Totals | $53 | $7 | $8 | $133 | $201 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $132 | 2016 | Present value of net program costs (in 2022 dollars) | ($156) |
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. |
Cerny, K., Blanks, R., Mohamed, O., Schwab, D., Robinson, B., Russo, A., & Zizz, C. (1998). The effect of a multidimensional exercise program on strength, range of motion, balance and gait in the well elderly. Gait & Posture, 7(2), 185-186.
Fitzharris, M.P., Day, L., Fildes, B., Lord, S.R., & Gordon, I. (2010). The Whitehorse NoFalls trial: Effects on fall rates and injurious fall rates. Age and Ageing, 39(6), 728-733.
Freiberger, E., Menz, H.B., Abu-Omar, K., & Rütten, A. (2007). Preventing falls in physically active community-dwelling older people: A comparison of two intervention techniques. Gerontology, 53(5), 298-305.
Woo, J., Hong, A., Lau, E., & Lynn, H. (2007). A randomised controlled trial of Tai Chi and resistance exercise on bone health, muscle strength and balance in community-living elderly people. Age and Ageing, 36(3), 262-268.