The standard treatment to treat hepatitis costs $10,000 and adds 5.75 QALYs to life. There are...

   

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The standard treatment to treat hepatitis costs $10,000 and adds 5.75 QALYs to life. There are two new drugs to treat hepatitis. New Drug A costs $20,000 and adds 9.75 QALYS. New Drug B costs $28,000 and adds 11.50 QALYS. Calculate the benefit of each of the two new drugs as compared to the standard treatment, showing your calculations. Based on these calculations, identify which treatment Drug A or Drug B would be best supported by CEA calculations and explain your answer Table 1: Use this table to answer questions 2-4 Intervention Pneumonia vaccine Anti-malaria drugs Water purification Cost per QALY $175 $275 $675 Size of Affected Population 5,000 10,000 10,000 2. Showing your calculations, how many QALYS would $1,000 purchase for each of the above interventions? I 3. Based your economic analysis using CEA calculations in #2, which intervention would you choose? Explain your answer. 4. If you used social justice considerations, instead of using CEA calculations, which one of the above interventions would you select. Explain your answer. The standard treatment to treat hepatitis costs $10,000 and adds 5.75 QALYs to life. There are two new drugs to treat hepatitis. New Drug A costs $20,000 and adds 9.75 QALYS. New Drug B costs $28,000 and adds 11.50 QALYS. Calculate the benefit of each of the two new drugs as compared to the standard treatment, showing your calculations. Based on these calculations, identify which treatment Drug A or Drug B would be best supported by CEA calculations and explain your answer Table 1: Use this table to answer questions 2-4 Intervention Pneumonia vaccine Anti-malaria drugs Water purification Cost per QALY $175 $275 $675 Size of Affected Population 5,000 10,000 10,000 2. Showing your calculations, how many QALYS would $1,000 purchase for each of the above interventions? I 3. Based your economic analysis using CEA calculations in #2, which intervention would you choose? Explain your answer. 4. If you used social justice considerations, instead of using CEA calculations, which one of the above interventions would you select. Explain your answer.

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To calculate the benefit of each new drug as compared to the standard treatment we need to determine ... View the full answer