1. Granted: Cost Efficiency Existing Treatment $100,000 4 life years earned New Treatment $250,000 10 life years earned & the health-benefit index is 0.5 for current treatment and 0.8 for new treatment, 

a. Calculate the Incremental Cost-Effective Ratio (ICER) for existing and new treatment b. Calculate the number of QALYs for current and new treatment. 

B. Calculate the cost-benefit index for the new treatment. 

C. Should new treatment be adopted? 

D. Why?

Answer rating: 100% (QA)

a The incremental costeffective ratio ICER can be calculated as the difference in cost between the n... View the full answer