The following table represents the costs and benefits of four alternative clinical programs designed to treat a

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The following table represents the costs and benefits of four alternative clinical programs designed to treat a single disease. Benefits are measured in terms of the number of lives saved.

a. Finish the table. Which is the best program in terms of the number of lives saved? In terms of the ICER per life saved?

b. How does the cost-effectiveness ratio, defined as the average cost per life saved, differ from the ICER?

c. Which program would an economist favor?

What would your argument be?

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Health Economics And Policy

ISBN: 978-0538481175

5th Edition

Authors: James W Henderson

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Question Posted: Oct 09, 2024 09:00 AM

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The following table represents the costs and benefits of four alternative clinical programs designed to treat a

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Health Economics And Policy

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