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Calculate the incremental cost-effectiveness ratio

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Reference no: EM133067663

 

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.

Reference no: EM133067663

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