Question
An intervention has the following cost and benefit profile: Baseline cost = 400,000 Range: 200,000 1,200,000 Baseline benefit= 10 life yrs Range 5 20 a.
An intervention has the following cost and benefit profile:
Baseline cost = 400,000 Range: 200,000 1,200,000
Baseline benefit= 10 life yrs Range 5 20
a. Calculate the cost effectiveness ratio
b. Perform a sensitivity analysis.
c. If the cost effectiveness cutoff is 100,000/life yr, when is the intervention not cost effective? What if the cutoff is $50,000 per life yr?
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The Handbook For Investment Committee Members
Authors: Russell L. Olson
1st Edition
0471719781, 978-0471719786
