Table 1 shows five mutually exclusive treatment options exist (labeled A to E). Option A represents the

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Question:

Table 1 shows five mutually exclusive treatment options exist (labeled A to E). Option A represents the baseline or no-treatment option, which for simplicity is assumed to have no costs or effects.

Program	Cost ($)	Total QALYs
A	0	0
B	10, 000	0.4
C	22, 000	0.55
D	25, 000	0.5
E	40, 000	1

Required

a)Compare and contrast Cost-effectiveness and Cost-utility analysis.

b) Using cost-utility analysis, determine the two most cost-effective programs that can be considered for implementation. You are expected to show your calculations including programs strongly dominated and extendedly dominated to score more marks (Show all the steps in your calculation).