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Longevity benefits and costs of reducing various risks
Technological Forecasting and Social Change
|January 1, 1979
Summary
Measuring program benefits by increased longevity offers an alternative to lives saved. This study quantizes the societal impact of risk-reduction programs on longevity, presenting cost-effectiveness analyses for mortality reduction.
Area of Science:
- Public Health
- Risk Assessment
- Health Economics
Background:
- Large-scale risk-reduction programs require significant societal resources.
- Quantifying the benefits of these programs is crucial for resource allocation.
- Traditional metrics like 'lives saved' may not fully capture program impact.
Purpose of the Study:
- To present increased longevity as an alternative metric for evaluating risk-reduction programs.
- To estimate the theoretical benefits of reducing industry-imposed risks on population longevity.
- To analyze the cost-effectiveness of mortality-reducing programs using longevity as a key outcome.
Main Methods:
- Literature review and synthesis of existing data on societal risks.
- Development of a framework to measure longevity gains from risk reduction.
- Graphical presentation of cost-effectiveness data for various mortality-reducing interventions.
Main Results:
- Increased longevity is a viable and informative metric for program benefits.
- Estimates of theoretical longevity gains from reduced industrial risks are provided.
- Cost-effectiveness of different programs is visualized, highlighting longevity impacts.
Conclusions:
- Longevity increase serves as a valuable alternative to 'lives saved' for assessing risk-reduction programs.
- The study provides a quantitative basis for understanding the health economic impact of industrial risk mitigation.
- Graphical analyses aid in decision-making for resource allocation towards programs maximizing longevity.