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NBER Working Papers and Publications
|July 2000||The Medical Treatment of Depression, 1991-1996: Productive Inefficiency, Expected Outcome Variations, and Price Indexes|
with Ernst R. Berndt, Susan H. Busch, Richard G. Frank, Sharon-Lise T. Normand: w7816
We examine the price of treating episodes of acute phase major depression over the 1991-1996 time period. We combine data from a large retrospective medical claims data base (MarketScanTM, from the MedStat Group) with clinical literature and expert clinical opinion elicited from a two-state Delphi procedure. This enables us to construct a variety of treatment price indexes that include variations over time in the proportion of off-frontier' production, as well as the corresponding variations in expected treatment outcomes. We also incorporate the fact that the no treatment option ( waiting list') frequently results in spontaneous remission of depressive symptoms. We find that in general the incremental cost of successfully treating an episode of acute phase major depression has generall...
Published: Berndt, Ernst R., Anupa Bir, Susan H. Busch, Richard G. Frank and Sharon-Lise T. Normand. "The Medical Treatment Of Depression, 1991-1996: Productive Inefficiency, Expected Outcome Variations, And Price Indexes," Journal of Health Economics, 2002, v21(3,May), 373-396.