Cost-effectiveness studies often need to compare the cost of a program
to the lifetime benefits of the program, but estimates of lifetime be
nefits are not routinely available, especially for older adults. We us
ed data from two large longitudinal studies of older adults (ages 65-1
00) to estimate transition probabilities from one health state to anot
her, and used those probabilities to estimate the mean additional year
s of healthy life that an older adult of specified age, sex, and healt
h status would experience. We found, for example, that 65-year-old wom
en in excellent health can expect 16.8 years of healthy life in the fu
ture, compared to only 8.5 years for women in poor health. We also pro
vide estimates of discounted years of healthy life and future life exp
ectancy. These estimates may be used to extend the effective length of
the study period in cost-effectiveness studies, to examine the impact
of chronic diseases or risk factors on year of healthy life, or to in
vestigate the relationship of years of life to years of healthy life.
Several applications are described. (C) 1998 Elsevier Science Inc.