The pay-off of increased physical activity in the Czech Republic: A cost-benefit analysis of offering people financial incentives to alter their exercise behavior
| Author: | Bc. Valentin Schnabl |
|---|---|
| Year: | 2022 - summer |
| Leaders: | PhDr. Jana Votápková Ph.D. |
| Consultants: | |
| Work type: | Bachelors |
| Language: | English |
| Pages: | 46 |
| Awards and prizes: | |
| Link: | https://dspace.cuni.cz/handle/20.500.11956/175805 |
| Abstract: | The main objective of this thesis is to determine whether financial incentive to increase exercise behavior are economically feasible in the Czech Republic. We therefore construct a cost-savings model that compares current physical activity levels in the Czech Republic with two hypothetical physical activity improvement scenarios to assess the potential healthcare savings of a more fit population. The model follows an epidemiological approach and estimates potential healthcare savings based on the association of physical inactivity with five major non-communicable diseases. We conclude that neither improvement scenario justifies the implementation of financial incentive, as their costs are likely to exceed their benefits. Nonetheless our estimates show that healthcare expenditures due to physical inactivity are substantial. In particular, those associated with diabetes. |
