Estimating lifetime healthcare costs with morbidity data

Estimating lifetime healthcare costs with morbidity data

BACKGROUND In many developed countries, the economic crisis started in 2008 producing a serious contraction of the financial resources spent on healthcare. Identifying which individuals will require more resources and the moment in their lives these resources have to be allocated becomes essential. It is well known that a small number of individuals with complex healthcare needs consume a high ...

Estimating Lifetime or Episode of illness Costs

Projected Lifetime Healthcare Costs Associated with HIV Infection

OBJECTIVE Estimates of healthcare costs associated with HIV infection would provide valuable insight for evaluating the cost-effectiveness of possible prevention interventions. We evaluate the additional lifetime healthcare cost incurred due to living with HIV. METHODS We used a stochastic computer simulation model to project the distribution of lifetime outcomes and costs of men-who-have-sex...

Development of lifetime warranty policies and models for estimating costs

In today's fiercely competitive products market, product warranty has started playing an important role. The warranty period offered by the manufacturer/dealer has been progressively increasing since the beginning of the 20th Century. Currently, a large number of products are being sold with long-term warranty policies in the form of extended warranty, warranty for used products, service contra...

Favorable Cardiovascular Health, Compression of Morbidity, and Healthcare Costs