It is currently 2020. A new treatment is being developed that is expected to provide benefits equivalent
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Question:
It is currently 2020. A new treatment is being developed that is expected to provide benefits equivalent to 1,000 QALY in 2030. Researching this treatment is expected to cost a total of $1,000, $500 of which were paid five years ago (2015), and $500 of will have to be paid in 2025.Calculate the $/QALY of this treatment in present value terms. Discount QALY by 5 % a year, and costs by 10 % a year. Give your answer to the nearest cent (e.g. 3.33 $/QALY).
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