23. Use the following table for the next three (3) questions. Treatment B is the old treatment, whereas Treatment A is the new, "superior" treatment. Also assume that if either A or B is not successful, the patient does not live long enough to undergo any of the follow up treatments.

Variable	Treatment A	Treatment B
Mortality rate	2%	5%
Life expectancy for survivors	20 years	10 years
Initial treatment cost (year 0)	$10,000	$3,000
Follow up cost (year 1)	$5,000	$1,000
Annual follow up costs, all subsequent years (years 2- )	$1,000	$500

What is the expected cost for a given patient receiving Treatment A?

Group of answer choices

a. $10,000

b. $16,100

c. $25,450

d. $33,520

24. Refer again to the table from Question 23. What is the expected cost for a given patient receiving Treatment B?

Group of answer choices

a. $4,500

b. $8,075

c. $8,225

d. $8,400

25. Refer again to the table from Question 23. According to the data above, a given patient who receives the new treatment (A) has a life-expectancy of 19.6 years. A given patient who receives the old treatment (B) has a life-expectancy of 9.5 years. In transitioning from Treatment B to Treatment A, what is the ICER?

Group of answer choices

a. $844

b. $2,504

c. $2,576

d. $2,662