Health Care and Non-Health Care Costs
In addition to the cost of the intervention, there are other important cost-related considerations. Health care costs correspond to health care resources used. For example, if an individual experiences an adverse event and is hospitalized, then the cost of the hospitalization represents a health care cost. Non-health care costs are the cost of any non-health care resource that may be impacted by the intervention. Examples of non-health care resources include transportation to and from a doctor’s office, home modifications (e.g., wheel chair ramp), or an overnight stay in a hotel in order to receive care. Participant time in travel, treatment, and recovery includes time spent missing work due to care and time in treatment and recovery. There is little consensus on how to value participant time, and, in applied work, participant time in travel, treatment, and recovery is seldom included in analyses (Drummond et al., 2005). However, if these represent significant costs, then they should be included. Finally, the cost of informal care represents care delivered by friends and family. Informal caregiving can be monetized either by applying the cost of purchasing similar care on the market or by using the wage rate of the informal care provider.