Description
A cost-benefit analysis was conducted in partnership with the Foundation for Older Persons' Development (FOPDEV), a grassroots organization in Chiang Mai, Thailand that supports older persons within Chiang Mai Province. Three cost-avoidance benefits of the Home Care Programme were selected: (1) loss of family income, (2) cost of hiring a private in-home care taker, (3) cost of FOPDEV paying their front line workers. A cost-benefit ratio of one, or above, means that the value of the benefit outweighed the cost of the program. These three different cost-avoidance benefits of the Home Care Programme resulted in costbenefit ratios of .82, 1.6, and 1.81 respectively. These ratios indicate that the cost-avoidance benefit of a family loosing income did not outweigh the costs of running the program; however, the cost-avoidance benefits of hiring a private in-home care taker or FOPDEV paying volunteers did outweigh the cost of the program.
