Valuing Informal Care for Economic Evaluation

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Informal care is the mainstay of support for many people living in the community, particularly those with long-term care needs. Informal care does not have an explicit value to reflect the resources required to provide informal care-related activities, or the benefits of doing so. Few economic evaluations value informal care. To include informal care in economic evaluations requires methods to measure and value the benefits and costs of informal care. This article reviews the methods used for measuring and valuing informal care in monetary and nonmonetary terms.
Original languageEnglish
Title of host publicationEncyclopedia of Health Economics
EditorsAJ Culyer
Place of PublicationSan Diego
PublisherElsevier
Pages459-467
Number of pages8
Volume1
DOIs
Publication statusPublished - 2014

Keywords

  • Economic evaluation; Informal care; Valuation

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