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b) Now assume that a drug company has developed an ointment that can be used to treat chpitis sores and reduce scarring. Surveys indicate that
b) Now assume that a drug company has developed an ointment that can be used to treat chpitis sores and reduce scarring. Surveys indicate that the ointment, which costs $10,000 for a full course of treatment, can improve quality of life from 0.6 to 0.7 for chpitis survivors. What is the ICER for taking the ointment over doing nothing for the typical chpitis victim (a 20-year-old)? Assume that life expectancy in Pcoria is 70 years
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