Question
a)Conduct a CEA for the three conditions represented in the table below.Each condition has six potential treatment options.You must identify any dominated options and calculate
a)Conduct a CEA for the three conditions represented in the table below.Each condition has six potential treatment options.You must identify any dominated options and calculate the ICERs associated with each of the non-dominated options.Please put your answers in the table.
b)Assume you are a manager within a nationalized healthcare system like the British NHS, and your system is willing-to-pay up to $60,000 to produce an additional QALY. What treatment choice is "optimal" for each condition?
c)Assume the system can expect to treat 100 patients with Condition 1, 100 patients with Condition 2, and 200 patient with Condition 3 each year.What is the expected annual budget needed to finance the "optimal" treatments (identified above) to patients with these three conditions?
d)How much larger would the annual budget need to be to treat these three conditions if your system decided to increase its WTP-for-QALYs from $60,000 to $70,000?What if your system increased its WTP-for-QALYs to $80,000?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started