- Title
- Cost-Effectiveness Analysis of COVID-19 Case Quarantine Strategies in Two Australian States: New South Wales and Western Australia
- Creator
- Melia, Adrian; Lee, Doowon; Mahmoudi, Nader; Li, Yameng; Paolucci, Francesco
- Relation
- Journal of Risk and Financial Management Vol. 14, Issue 7, no. 305
- Publisher Link
- http://dx.doi.org/10.3390/jrfm14070305
- Publisher
- MDPI AG
- Resource Type
- journal article
- Date
- 2021
- Description
- Two main strategies, home and hotel isolation, have been used to isolate COVID-19 cases in most countries. Both have proven to be somewhat medically effective, but the costs to produce the desired outcome remain unclear. We used a decision tree model to compare alternatives and a simulation model to determine the household structure and provide recommendations for the most cost-effective way to isolate a COVID-19 patient in two Australian States, New South Wales (NSW) and Western Australia (WA). The results show that although the average cost of isolating a confirmed case at home is lower than that of a hotel quarantine, it is demonstrable that the decision depends on household size and the ages of household members. If the household members’ ages are old or the household size is large, the expected mean cost of home quarantine might be higher than hotel quarantine. Our study, therefore, provides the government with a cost-effective insight into making quarantine policies.
- Subject
- COVID-19 pandemic; self-isolation; cost-effective options; decision tree model; hotel quarantine; home quarantine
- Identifier
- http://hdl.handle.net/1959.13/1438596
- Identifier
- uon:40653
- Identifier
- ISSN:1911-8074
- Rights
- © 2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
- Language
- eng
- Full Text
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