Oliva-Moreno, JuanPeña-Longobardo, Luz MaríaGarcía-Mochón, LeticiaDel Río Lozano, MaríaMosquera Metcalfe, IsabelGarcía-Calvente, María del Mar2021-09-082021-09-082019-05-21Oliva-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):e0217016http://hdl.handle.net/10668/3407Objective: 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.enAncianoCuidadoresCostos de la atención en saludEspañaAtención al pacienteValores socialesMedical Subject Headings::Persons::Persons::Age Groups::Adult::AgedMedical Subject Headings::Persons::Persons::CaregiversMedical Subject Headings::Analytical, Diagnostic and Therapeutic Techniques and Equipment::Investigative Techniques::Epidemiologic Methods::Epidemiologic Study Characteristics as Topic::Epidemiologic Studies::Cross-Sectional StudiesMedical Subject Headings::Disciplines and Occupations::Health Occupations::Medicine::Public Health::EpidemiologyMedical Subject Headings::Health Care::Health Care Economics and Organizations::Economics::Costs and Cost Analysis::Health Care CostsMedical Subject Headings::Health Care::Health Care Facilities, Manpower, and Services::Health Services::Patient CareMedical Subject Headings::Geographical Locations::Geographic Locations::Europe::SpainMedical Subject Headings::Health Care::Health Care Economics and Organizations::Economics::Costs and Cost Analysis::Cost of IllnessMedical Subject Headings::Check Tags::FemaleMedical Subject Headings::Check Tags::MaleMedical Subject Headings::Organisms::Eukaryota::Animals::Chordata::Vertebrates::Mammals::Primates::Haplorhini::Catarrhini::Hominidae::HumansMedical Subject Headings::Health Care::Environment and Public Health::Public Health::Epidemiologic Methods::Epidemiologic Study Characteristics as Topic::Epidemiologic Studies::Cohort Studies::Longitudinal StudiesMedical Subject Headings::Persons::Persons::Age Groups::Adult::Middle AgedMedical Subject Headings::Health Care::Health Care Facilities, Manpower, and Services::Health Services::Community Health Services::Home Care Services::Home NursingMedical Subject Headings::Health Care::Environment and Public Health::Public Health::Epidemiologic Methods::Statistics as Topic::Models, Statistical::Models, EconomicMedical Subject Headings::Health Care::Population Characteristics::Socioeconomic Factors::Social Classresearch article31112587Acceso abierto10.1371/journal.pone.02170161932-6203PMC6529156