Annuitizing the human capital investment costs of health service professionals.

@article{Netten1999AnnuitizingTH,
  title={Annuitizing the human capital investment costs of health service professionals.},
  author={Ann P. Netten and Jenny Knight},
  journal={Health economics},
  year={1999},
  volume={8 3},
  pages={245-55}
}
When evaluating initiatives that make innovative uses of staff it is important to consider the long-term cost consequences of training an appropriately qualified workforce. In order to incorporate the costs of qualifying professionals we need both the costs themselves and an appropriate method of annuitizing these costs. This paper focuses on the latter and describes an approach to estimating the expected working life of health service professionals and a method of annuitization that takes into… CONTINUE READING