RT Journal Article
T1 The economic value of time of informal care and its determinants (The CUIDARSE Study)
A1 Oliva-Moreno, Juan
A1 Peña-Longobardo, Luz María
A1 García-Mochón, Leticia
A1 Del Río Lozano, María
A1 Mosquera Metcalfe, Isabel
A1 García-Calvente, María del Mar
K1 Anciano
K1 Cuidadores
K1 Costos de la atención en salud
K1 España
K1 Atención al paciente
K1 Valores sociales
AB Objective: The main aims of this paper are to analyse the monetary value of informal care time using different techniques and to identify significant variables associated with the number of caregiving hours.Data and methods: A multicentre study in two Spanish regions in adult caregivers was conducted. A total sample of 604 people was available. A multivariate analysis was performed to identify the variables associated with the number of hours of caregiving time. In the monetary valuation of informal care provided, three approaches were used: replacement cost method, opportunity cost and contingent valuation (willingness to pay and willingness to accept).Results: The main determinants of the amount of time of informal care provided were age, gender, the level of care receiver´s dependence and the professional care services received (at home and out of home). The value estimated for informal care time ranges from EUROS 80,247 (replacement cost method) to EUROS 14,325 (willingness to pay), with intermediate values of EUROS 27,140 and EUROS 29,343 (opportunity cost and willingness to accept, respectively). Several sensitivity analyses were performed over the base cases, confirming the previous results.Conclusions: Time of informal care represents a great social value, regardless of the applied technique. However, the results can differ strongly depending on the technique chosen. Therefore, the choice of technique of valuation is not neutral. Among the determinants of informal care time, the professional care received at home has a complementary character to informal care, while the formal care outside the home has a substitute character.
PB Public Library of Science
YR 2019
FD 2019-05-21
LK http://hdl.handle.net/10668/3407
UL http://hdl.handle.net/10668/3407
LA en
NO Oliva-Moreno J, Peña-Longobardo LM, García-Mochón L, Río Lozano M, Mosquera Metcalfe I, García-Calvente MdM. The economic value of time of informal care and its determinants (The CUIDARSE Study). PLoS One. 2019 May 21;14(5):e0217016
DS RISalud
RD Apr 5, 2025