Journal article
INTERVENTION DELIVERY COSTS AND CAREGIVERS’ WILLINGNESS TO PAY FOR COPE-CT: INTERIM FINDINGS
Innovation in aging, v 2(Suppl 1), pp 823-823
11 Nov 2018
Abstract
We assessed the cost of delivering COPE and caregiver willingness-to-pay (WTP) for it. Program costs were captured alongside the trial and included interventionists’ time and travel for home visits and communications, converted to $US2015 by multiplying hours spent by the appropriate wage and applying the federal mileage reimbursement rate for travel. For WTP, 290 caregivers were read a brief description of COPE at baseline (before randomization) and asked to estimate their per-session WTP using contingent valuation. Total time to deliver COPE to the 130 dyads completing the program and available for analysis was 1,979 hours (1,665 OT, 314 RN), costing $122,520 ($103,913 OT, $18,607 RN), or $942/dyad. Baseline per-session WTP ranged from $0 to $200. 81 caregivers (27.9%) were unwilling to pay for this program, 74 (25.5%) willing to pay $10–25/session, 74 (25.5%) willing to pay $50–75/session, 41 (14.1%) willing to pay $100–125/session, and 20 (6.9%) willing to pay $150–200/session.
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Details
- Title
- INTERVENTION DELIVERY COSTS AND CAREGIVERS’ WILLINGNESS TO PAY FOR COPE-CT: INTERIM FINDINGS
- Creators
- L Pizzi - Rutgers, The State University of New JerseyE Jutkowitz - Brown UniversityK M Prioli - Rutgers, The State University of New JerseyL N Gitlin - Drexel UniversityR H Fortinsky - University of Connecticut
- Publication Details
- Innovation in aging, v 2(Suppl 1), pp 823-823
- Publisher
- Oxford University Press
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- College of Nursing and Health Professions; Drexel University
- Other Identifier
- 991020112175604721