ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $177 | Benefits minus costs | $433 | |||
Participants | $22 | Benefit to cost ratio | $2.23 | |||
Others | $28 | Chance the program will produce | ||||
Indirect | $556 | benefits greater than the costs | 79% | |||
Total benefits | $783 | |||||
Net program cost | ($350) | |||||
Benefits minus cost | $433 | |||||
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. |
72 | 3 | 237 | 0.757 | 0.118 | 73 | 1.000 | 0.000 | 74 | 0.757 | 0.071 |
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 | $177 | $22 | $28 | $89 | $316 |
Mortality associated with falls | $0 | $0 | $0 | $642 | $642 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($175) | ($175) |
Totals | $177 | $22 | $28 | $556 | $783 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $188 | 2016 | Present value of net program costs (in 2022 dollars) | ($350) |
Comparison costs | $0 | 2016 | Cost range (+ or -) | 45% |
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. |
Carter, N.D., Khan, K.M., McKay, H.A., Petit, M.A., Waterman, C., Heinonen, A., . . . Flicker, L. (2002). Community-based exercise program reduces risk factors for falls in 65-to 75-year-old women with osteoporosis: randomized controlled trial. Canadian Medical Association Journal, 167(9), 997-1004.
Korpelainen, R., Keinänen-Kiukaanniemi, S., Heikkinen, J., Väänänen, K., & Korpelainen, J. (2006). Effect of impact exercise on bone mineral density in elderly women with low BMD: a population-based randomized controlled 30-month intervention. Osteoporosis International, 17(1), 109-118.
Madureira, M.M., Takayama, L., Gallinaro, A.L., Caparbo, V.F., Costa, R.A., & Pereira, R.M.R. (2007). Balance training program is highly effective in improving functional status and reducing the risk of falls in elderly women with osteoporosis: a randomized controlled trial. Osteoporosis International, 18, 419-425.