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Hurdles that impede economic evaluations of welfare interventions

Compared with economic evaluations of healthcare interventions, less experience has been gained in the field of economic evaluation of welfare interventions. This review suggests possible approaches to address four previously identified hurdles in economic evaluations of welfare interventions. After literature was searched through MEDLINE and EMBASE, it was found that Health-Related-Quality-of-Life questionnaires related to the condition of the target population are needed, instead of generic instruments. These condition-specific instruments use a multidimensional approach. There are specific instruments needed to take account of influences on informal caregivers. Moreover, it was shown that several aspects, such as crime rates and employment should be considered to estimate the impact on societal costs. Finally, the intervention must be described in detail and well defined to reduce variability. In conclusion, economic evaluations of welfare interventions increase complexity. These must be accounted for to permit valid assessments of the value for money of welfare interventions.

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Additional Titles
Expert Review of Pharmacoeconomics & Outcomes Research

Key Information

Type of Reference
Jour
ISBN/ISSN
1473-7167
Resource Database
Web of science
Publication Year
2015
Issue Number
4
Volume Number
15
Start Page
635-642