Building an Economic Evaluation Model for Emergency Preparedness

Developing a first-ever framework for evaluating the economic return for public health emergency investments

Executive Summary

The United States faces a multitude of threats to national health security from deliberate acts (e.g., terrorism), accidents (e.g., industrial accidents), and naturally occurring threats (e.g., emerging infectious diseases, natural disasters). The federal government invests in national health security to mitigate consequences from these incidents. However, officials lack validated information about the relative probability of these incidents, the magnitude of the consequences, and the effect of mitigation strategies.

The goal of the project was to build a systematic, risk-based economic evaluation framework for assessing the relative value of public health emergency investments.

The immediate next step is to build on economic spillover case analysis by conducting economic analyses for additional medical countermeasures in ASPR’s Biomedical Advanced Research and Development Authority burn portfolio.

A project supported by the: HHS Secretary's Ventures Fund

Team Members

Richard Jaffe (Project Lead), ASPR
Stuart Evenhaugen, ASPR
David Howell, ASPR
Scott V. Nystrom, ASPR
Farah Farahati, ASPR

Milestones

July 2015Project received support from the HHS Secretary's Ventures Fund
August 2015: Project initiated
June 2016: Economic spillover project completed
October 2016: Target date for completion of the Economic Evaluation for Public Health Emergencies Guidebook
August 2016 Support from Secretary's Ventures ends

Project Sponsor

Nicole Lurie, Assistant Secretary for Preparedness and Response, Office of the Secretary, US Department of Health and Human Services

Additional Information