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Cost-Benefit Analysis of a Factory Dispensary
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In Keun Yoo, Jong Uk Won, Jae Seok Song, Jae Hoon Roh
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Korean Journal of Occupational and Environmental Medicine 2001;13(2):190-199. Published online June 30, 2001
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DOI: https://doi.org/10.35371/kjoem.2001.13.2.190
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 Abstract
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- OBJECTIVES
We performed cost-benefit analysis to investigate the benefit of companies dispensary.
METHODS
We measured the cost and benefit of running a factory dispensary. This study focused on a factory with well arranged professional health-care staff. The study was carried out during 1995-1997. All the past values of cost and benefit were converted into present value. We used net benefit and cost/benefit ratio as determinants.
RESULTS
The net benefit of the object factory dispensary was -73,000,000 Won, and cost/benefit ratio was about 0.65. This result showed no profitability.
CONCLUSION
There would be limitation of generalization because this study included only one factory dispensary. As we did not consider many indirect benefits. the benefit portion might be underestimated. We should also think about the possibility of profitability. If one dispensary takes charge of two or more factories. then it can produce sufficient profit. With all of those efforts we dream the days of healthy workers will come.
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Citations
Citations to this article as recorded by  - Economic Evaluation of a Workplace Occupational Health Nursing Service: Based on Comparison with Atmospheric Environment Managing Engineer
Hye-Sun Jung, Bokim Lee
Journal of Korean Academy of Nursing.2013; 43(4): 507. CrossRef - Introducing Economic Evaluation as a Policy Tool in Korea: Will Decision Makers get Quality Information?
Kun-Sei Lee, Werner B F Brouwer, Sang-Il Lee, Hye-Won Koo
PharmacoEconomics.2005; 23(7): 709. CrossRef
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