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Related Experiment Videos

Lifetime costs for medical services: a methodological review.

Philip Jacobs1, Kamran Golmohammadi, Teresa Longobardi

  • 1University of Alberta, Canada. philip.jacobs@ualberta.ca

International Journal of Technology Assessment in Health Care
|July 17, 2003
PubMed
Summary
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Estimating lifetime medical costs requires clear study aims, current data, and transparent reporting. Following these practices improves the interpretation and application of economic evaluation models for healthcare.

Area of Science:

  • Health economics
  • Medical cost analysis

Background:

  • Economic evaluation guidelines recommend modeling for long-term cost estimation.
  • Lifetime medical care costs are crucial for comprehensive health economic assessments.

Purpose of the Study:

  • To review studies estimating lifetime medical care costs.
  • To identify variations in methods and reporting practices in lifetime costing studies.

Main Methods:

  • A categorization of lifetime-costing study elements was developed.
  • Information was abstracted from 33 papers on study subject, purpose, scope, methods, and results.
  • Analysis included observational studies, models, and combined approaches.

Main Results:

  • Wide variations in methods and reporting practices were observed across studies.

Related Experiment Videos

  • Time profiles were estimated using registry and published data.
  • Utilization and cost data were sourced from administrative records, chart reviews, and expert opinion.

    • Conclusions:

    • Clear study aims, data-based assumptions, and adherence to methodological practices enhance lifetime model interpretability.
    • Transparent reporting is essential for applying lifetime cost models effectively.
    • Following guidelines improves the consistency and utility of economic evaluation studies.