Time Costs

Reflects the idea that people's time has alternative uses which are valuable and are, hence, opportunity costs. Not all time costs in health care are,

342 Time Horizon however, costs in this sense. For example, although waiting in a doctor's waiting room may involve some sacrifice of time (whose value will depend on the alternative use to which it would have been put), waiting for admission as a hospital inpatient does not (though it may have other disadvantages). See

Queue, Time Price.

Was this article helpful?

0 0

Post a comment