@article{ref1,
title="Depression prevention, labour force participation and income of older working aged Australians: A microsimulation economic analysis",
journal="Australian and New Zealand journal of psychiatry",
year="2014",
author="Veerman, J. Lennert and Shrestha, Rupendra N. and Mihalopoulos, Cathrine and Passey, Megan E. and Kelly, Simon J. and Tanton, Robert and Callander, Emily J. and Schofield, Deborah J.",
volume="49",
number="5",
pages="430-436",
abstract="OBJECTIVE: Depression has economic consequences not only for the health system, but also for individuals and society. This study aims to quantify the potential economic impact of five-yearly screening for sub-syndromal depression in general practice among Australians aged 45-64 years, followed by a group-based psychological intervention to prevent progression to depression. <br><br>METHOD: We used an epidemiological simulation model to estimate reductions in prevalence of depression, and a microsimulation model, Health&WealthMOD2030, to estimate the impact on labour force participation, personal income, savings, taxation revenue and welfare expenditure. <br><br>RESULTS: Group therapy is estimated to prevent around 5,200 prevalent cases of depression (2.2%) and add about 520 people to the labour force. Private incomes are projected to increase by $19 million per year, tax revenues by $2.4 million, and transfer payments are reduced by $2.6 million. <br><br>CONCLUSION: Group-based psychological intervention to prevent depression could result in considerable economic benefits in addition to its clinical effects.<p /> <p>Language: en</p>",
language="en",
issn="0004-8674",
doi="10.1177/0004867414561528",
url="http://dx.doi.org/10.1177/0004867414561528"
}