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How to include informal care in economic evaluations
Renske J Hoefman1, Job van Exel, Werner Brouwer
1Institute of Health Policy and Management, Erasmus University Rotterdam, P.O. Box 1738, 3000 DR, Rotterdam, The Netherlands, hoefman@bmg.eur.nl.
Informal care significantly impacts patient well-being and should be included in economic evaluations of health interventions. This paper reviews methods for measuring and valuing informal care, aiding researchers in their assessments.
Area of Science:
- Health Economics
- Health Services Research
Background:
- Economic evaluations guide healthcare decisions by assessing costs and effects.
- Informal care, provided by family and friends, is crucial for many patients but affects carer well-being.
- Excluding informal care from evaluations can lead to incomplete assessments.
Purpose of the Study:
- To provide an overview of current methods for incorporating informal care into economic evaluations.
- To assist researchers in selecting appropriate techniques for measuring and valuing informal care.
- To ensure comprehensive economic evaluations of health interventions.
Main Methods:
- Review of state-of-the-art methods for measuring informal care.
- Discussion of valuation techniques, including partial and full valuation.
- Illustration of methods with practical examples.
Main Results:
- Various methods exist for measuring and valuing informal care.
- Technique selection depends on the economic evaluation's type and perspective.
- Methods allow for the inclusion of informal care as either costs or effects.
Conclusions:
- Including informal care in economic evaluations is essential for accurate healthcare decision-making.
- Researchers can use this overview to choose suitable methods for their specific evaluations.
- Comprehensive economic evaluations considering informal care lead to better resource allocation.
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