How much are we willing to pay to prevent a fall? Cost-effectiveness of a multifactorial falls prevention program for community-dwelling older adults

Krista Bray Jenkyn, Jeffrey S Hoch, Mark Speechley

Research output: Contribution to journalArticle

13 Citations (Scopus)

Abstract

This study examined the cost-effectiveness of a multifactorial falls prevention program and estimated the trade-off between the extra costs of such a program and the additional reduction of unintentional falls. Cost-effectiveness was evaluated using the traditional incremental cost-effectiveness ratio (ICER) and the net benefit regression framework (NBRF). Using the NBRF, decision making was formalized by incorporating values of willingness to pay (WTP) a priori. The results failed to provide evidence that a multifactorial falls prevention program was cost-effective. Participant adherence to recommendations ranged from low (41.3%), to moderate (21.1%), to high (37.6%). A future challenge is to understand more clearly the relationship between the community-dwelling older adult, potentially modifiable risks for falls, adherence to multifactorial risk factor recommendations, costs, and resulting effects of falls prevention practices. Future economic evaluations of falls prevention interventions remain necessary and should consider the NBRF so that regression tools can facilitate cost-effectiveness analysis.

Original languageEnglish (US)
Pages (from-to)121-137
Number of pages17
JournalCanadian Journal on Aging
Volume31
Issue number2
DOIs
StatePublished - Jun 2012
Externally publishedYes

Fingerprint

Independent Living
Cost-Benefit Analysis
costs
community
regression
Costs and Cost Analysis
cost factor
willingness to pay
Decision Making
decision making
evaluation
evidence
economics
Values

Keywords

  • aging
  • cost-effectiveness
  • elderly
  • falls prevention
  • incremental cost-effectiveness ratio (ICER)
  • net benefit regression framework (NBRF)

ASJC Scopus subject areas

  • Health(social science)
  • Gerontology
  • Community and Home Care
  • Geriatrics and Gerontology

Cite this

How much are we willing to pay to prevent a fall? Cost-effectiveness of a multifactorial falls prevention program for community-dwelling older adults. / Jenkyn, Krista Bray; Hoch, Jeffrey S; Speechley, Mark.

In: Canadian Journal on Aging, Vol. 31, No. 2, 06.2012, p. 121-137.

Research output: Contribution to journalArticle

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