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Economic valuation of informal care in Asia: A case study of care for disabled stroke survivors in Thailand

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  • Riewpaiboon, Arthorn
  • Riewpaiboon, Wachara
  • Ponsoongnern, Kanyarat
  • Van den Berg, Bernard

Abstract

This study values informal care for disabled stroke survivors in Thailand. It applies the conventional recommended opportunity cost method to value informal care in monetary terms. Data were collected by means of face-to-face interviews conducted during 2006. The sample consisted of 101 disabled persons who had suffered a stroke at least six months prior to the interview, and who had a functional status score of less than 95 as measured by the Barthel Index. Average monthly time spent on informal care was 94.6Â hours, and the major source of opportunity cost was forgone unpaid work (43.5%). The average monthly monetary value of informal care was 4642.6 baht, based on 2006 prices. This study shows that providing informal care involves a substantial opportunity cost, implying a hidden value to Thai society.

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  • Riewpaiboon, Arthorn & Riewpaiboon, Wachara & Ponsoongnern, Kanyarat & Van den Berg, Bernard, 2009. "Economic valuation of informal care in Asia: A case study of care for disabled stroke survivors in Thailand," Social Science & Medicine, Elsevier, vol. 69(4), pages 648-653, August.
    • Handle: RePEc:eee:socmed:v:69:y:2009:i:4:p:648-653
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    8. van den Berg, Bernard & Al, Maiwenn & Brouwer, Werner & van Exel, Job & Koopmanschap, Marc, 2005. "Economic valuation of informal care: The conjoint measurement method applied to informal caregiving," Social Science & Medicine, Elsevier, vol. 61(6), pages 1342-1355, September.
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    2. Emmanuel Mpinga & Ngianga-Bakwin Kandala & Jennifer Hasselgård-Rowe & Félicien Tshimungu Kandolo & Henk Verloo & Ngoyi Bukonda & Philippe Chastonay, 2015. "Estimating the Costs of Torture: Challenges and Opportunities," Applied Health Economics and Health Policy, Springer, vol. 13(6), pages 567-581, December.
    3. Thananan Rattanachotphanit & Chulaporn Limwattananon & Onanong Waleekhachonloet & Phumtham Limwattananon & Kittisak Sawanyawisuth, 2019. "Cost-Effectiveness Analysis of Direct-Acting Oral Anticoagulants for Stroke Prevention in Thai Patients with Non-Valvular Atrial Fibrillation and a High Risk of Bleeding," PharmacoEconomics, Springer, vol. 37(2), pages 279-289, February.
    4. Marcus Keogh-Brown & Henning Tarp Jensen & Bhavani Shankar & Sanjay Basu & Soledad Cuevas & Alan Dangour & Shabbir H. Gheewala & Rosemary Green & Edward Joy & Nalitra Thaiprasert & Richard Smith, 2017. "An integrated macroeconomic, demographic and health modelling framework for palm oil policies in Thailand," EcoMod2017 10569, EcoMod.
    5. Hassink, Wolter H.J. & Van den Berg, Bernard, 2011. "Time-bound opportunity costs of informal care: Consequences for access to professional care, caregiver support, and labour supply estimates," Social Science & Medicine, Elsevier, vol. 73(10), pages 1508-1516.
    6. Scott D. Grosse & Jamison Pike & Rieza Soelaeman & J. Mick Tilford, 2019. "Quantifying Family Spillover Effects in Economic Evaluations: Measurement and Valuation of Informal Care Time," PharmacoEconomics, Springer, vol. 37(4), pages 461-473, April.

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