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Cost Life Years Gained Health-utility index QALYs Current Treatment $100,000 4 years 0.5 New Treatment $250,000 10 years 0.8 Use the information below to answer
Cost | Life Years Gained | Health-utility index | QALYs | |
Current Treatment | $100,000 | 4 years | 0.5 | |
New Treatment | $250,000 | 10 years | 0.8 |
Use the information below to answer the following questions. a. (2 points) Calculate the incremental cost-effectiveness ratio. Show ALL your work. b. (2 points) Given the information given in the table, calculate the number of quality- adjusted life-years (QALYs) for each treatment. Show ALL your work. c. (2 points) Calculate the cost-utility index for the new treatment. Show ALL your work.
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