ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $423 | Benefits minus costs | $2,589 | |||
Participants | $53 | Benefit to cost ratio | $4.64 | |||
Others | $66 | Chance the program will produce | ||||
Indirect | $2,757 | benefits greater than the costs | 75% | |||
Total benefits | $3,299 | |||||
Net program cost | ($710) | |||||
Benefits minus cost | $2,589 | |||||
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. |
81 | 6 | 602 | 0.907 | 0.094 | 81 | 1.000 | 0.000 | 82 | 0.907 | 0.343 |
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 | $423 | $53 | $66 | $212 | $754 |
Mortality associated with falls | $0 | $0 | $0 | $2,900 | $2,900 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($355) | ($355) |
Totals | $423 | $53 | $66 | $2,757 | $3,299 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $580 | 2016 | Present value of net program costs (in 2023 dollars) | ($710) |
Comparison costs | $0 | 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. |
Boongird, C., Keesukphan, P., Phiphadthakusolkul, S., Rattanasiri, S., & Thakkinstian, A. (2017). Effects of a simple home-based exercise program on fall prevention in older adults: A 12-month primary care setting, randomized controlled trial. Geriatrics & Gerontology International, 17, 2157-2163.
Duque, G., Boersma, D., Loza-Diaz, G., Hassan, S., Suarez, H., Geisinger, D., . . . Demontiero, O. (2013). Effects of balance training using a virtual-reality system in older fallers. Clinical Interventions in Aging, 8, 257.
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