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Metrics details. We perform a cost—benefit analysis on the introduction of monetary incentives for living kidney donations by estimating the compensation that would make an individual indifferent between donating and not donating a kidney while alive using Chilean data. Importantly, introducing payments to living donors payable by a third party helps patients who currently may not have access to necessary medical treatment.
Therefore, exclusions in access for organs due to the monetary constraints can be prevented. Advances in medical technology have made organ transplants one of the best health treatment alternatives for several diseases, generating a significant increase in organ demand.
However, the supply of organs, both from living or postmortem donors, has not increased at the same rate Howard Policy makers have suggested different strategies for increasing organ donation, including the introduction of financial and monetary incentives Stoler et al. The scarcity of organs for transplantation is a worldwide problem.
In the United States, 10, people die every year while waiting for an organ, and the median waiting time goes from 2 to 6 years Beard et al. In Western Europe, approximately 40, patients are waiting for an organ Mossialos et al. Developed countries tend to have higher cadaveric donation rates than developing countries, while, the reverse is true for living donation International Registry in Organ Donation and Transplantation Based on the discussion on incentivizing organ donation using financial mechanisms, this paper performs a cost—benefit analysis on the introduction of monetary incentives for living kidney donations in a developing country.
We consider the case for Chile, where, according to the National Transplant Corporation, patients are enrolled on a waiting list, while the average number of donors per year is As data for non-market economic valuation tend to be scarce in Latin America, our results provide information for policymakers about the economic benefits of implementing compensation for kidney donations in developing countries.