New approach in the evaluation of a fitness program at a worksite
Shirasaya, K.; Miyakawa, M.; Yoshida, K.; Tanaka, C.; Shimada, N.; Kondo, T.
Journal of Occupational and Environmental Medicine 41(3): 195-201
1999
ISSN/ISBN: 1076-2752 PMID: 10091143 Document Number: 498772
The most common methods for the economic evaluation of a fitness program at a worksite are cost-effectiveness, cost-benefit, and cost-utility analyses. In this study, we applied a basic microeconomic theory, "neoclassical firm's problems," as the new approach for it. The optimal number of physical-exercise classes that constitute the core of the fitness program are determined using the cubic health production function. The optimal number is defined as the number that maximizes the profit of the program. The optimal number corresponding to any willingness-to-pay amount of the participants for the effectiveness of the program is presented using a graph. For example, if the willingness-to-pay is $800, the optimal number of classes is 23. Our method can be applied to the evaluation of any health care program if the health production function can be estimated.