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Use the information below and apply the ICER formula to answer parts a thru c:
Cost Effectiveness Health Utility Index
Current Treatment $170,000 5 life-years gained .16
New Treatment $590,000 12 life-years gained .90
Question 1: Calculate the ICER for the new treatment, without adjusting for the health utility index. Assuming the $50K benchmark, as a clinical decision maker or health policy advisor, would you recommend adopting the new treatment? Why/why not?
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