Calculate the ICER for the new treatment

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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?

Reference no: EM132462274

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