Non-Monetary Costs of Care [I consuming health care normally takes time and resources (patients must travel to a clinic, wait for an appointment, receive the care itself; and depending on the nature of the intervention, they may experience activity restrictions during the recovery period) El the value of time varies directly with work status, wage rate, and other responsibilities, non- money costs vary among individuals, even when the amount of time associated with obtaining care is identical 0 for ex, someone who works full-time at a high-paying job may exhibit relatively low money-price elasticity but very high time-price elasticity (since they have a lot of money but time is scarce) 0 While a retired person living on a pension may exhibit high money-price elasticity but low time-price elasticity (since money is scarce but time is relatively plentiful) El Differences in non-money costs can play a particularly important role in the choice among alternative providers or services once a person has decided to seek care I\". n A n._!___ _l F..I___L!A.__J___ ____l 1"'______I_____._J__