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Cost
Life Years Gained
Health-utility index
QALYs
Current Treatment
$100,000
4 years
0.5
New Treatment
$250,000
10 years
0.8
Use the information below to answer the following questions.
a. Calculate the incremental cost-effectiveness ratio. Show ALL your work.
b. Given the information given in the table, calculate the number of quality-adjusted life-years (QALYs) for each treatment. Show ALL your work.
c. Calculate the cost-utility index for the new treatment. Show ALL your work.
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