Question: can you help? 2. Consider two treatment options, an old procedure and a new one. Show calculations to receive full credit. Treatment option Cost Life-yea

can you help?

2. Consider two treatment options, an old procedure and a new one. Show calculations to receive full credit. Treatment option Cost Life-yea rs gained Health-utilityr index Old $50,000 15 years 0.2 New $150,000 12 years 0.8 (a) Calculate the cost-effectiveness ratio to compare the two treatments. [5 points] (b) Calculate the cost-utility ratio to compare the two treatments. [5 points]

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