Which Combination of Programs Saves the Most Lives? The following table below shows some existing government health and safety programs, along with estimates of each program's annual cost and benefit. Each benefit is expressed in life years, or the additional years of life people can expect enjoy as a result of the program. Existing programs Estimated annual cost (2020 dollars) Estimated annual life- years saved 10.8 Ban asbestos in brake blocks $ 407,498 3,688,269 0.5184 Control radionuclide emissions at elemental phosphorus plants 28,900 0.000333 Ban asbestos in automatic transmission components 6.254.690 3.563 Control arsenic emissions at glass manufacturing plants 38,630.000 0.0003048 Prevent releases of carcinogenic chloroform at pulp mills $49.009.357 14 SS20378 Totals Suppose you're hired by the government to be a decision-making consultant. Your task is to see if you can save more lives for the same cost by eliminating inefficient government programs and replacing them with others that deliver "more bang for the buck." The following table below shows the costs and benefits of some proposed programs that haven't been implemented a 99 Proposed programs Estimated annual cost Estimated annual life years saved (2020 dollars) $ 295,382 961 Screen and treat if necessary the 20% of black newborns who aren't yet being screened for sickle cell 1,229,423 0.23976 Control radionuclide emissions at surface uranium mines 13,853,096 Require seat belts in certain school buses 3.84 2,805,000 1,025.65 Vaccinate 50,000 sixth grade students at risk for hepatitis B virus infection 6,175,525 6,079 Present a tobacco prevention program to 321,513 seventh grade students 33,067.100 160 Increase the number of heart transplants that are performed 15,684,000 4.616 Triple the wind-resistant capabilities of some new buildings to protect occupants in the event of a hurricane Rank all of the programs both existing and proposed 1-12. with the most cost- effective at the top of your list and the least at the bottom Given that your budget is $49.009.357 which programs would you recommend implementing! Which existing programs would you recommend eliminating? What is the total annual cost of the programs you're eliminating? How many life-years will be lost as a result of these programs being eliminated? Which proposed programs would you implement in their place? What is the total annual cost of the programs you're adding? How many life-years will be saved as a result of the programs? (Note: The total annual cost of your new programs shouldn't be greater than the total annual cost of the programs you're eliminating.) 4. How many life-years did you save by selecting programs based on their cost- effectiveness? Did you have any money left over? If so, how much? posted on 22020 3:27 am
