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THE VALUATION OF INFORMAL CARE IN ECONOMIC APPRAISAL

A Consideration of Individual Choice and Societal Costs of Time

Published online by Cambridge University Press:  01 January 1999

Werner B. F. Brouwer
Affiliation:
Erasmus University Rotterdam
N. Job A. van Exel
Affiliation:
Netherlands Economic Institute
Marc A. Koopmanschap
Affiliation:
Erasmus University Rotterdam
Frans F. H. Rutten
Affiliation:
Erasmus University Rotterdam

Abstract

This article dicusses the individual's choice to engage in informal care as an issue for economic evaluation. Traditional methods used in economic evaluation studies for valuing time spent on informal care are discussed and an alternative method is put forward that incorporates the quality of life of caregivers as an outcome measure to represent the effects on caregivers. The methodological issues concerning the valuation of informal caregivers' time are becoming more important as new drugs and other health care technologies are introduced for patients with diseases that are typically associated with informal care.

Type
GENERAL ESSAYS
Copyright
© 1999 Cambridge University Press

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