Try to answer both in 30 minute If the price of a physiotherapy session is $100 and the pills cost $10 each, which treatmentoption, provided in the table as under, is the most cost-effective?Treatment optionsNo of pain killer pills per day No. of physiotherapy sessionsper monthAC4a. Treatment option AO b. Treatment option BO c. None of the treatment options is cost-effectiveO d. Treatment option DTreatment option CCO In conducting the economic evaluation of the treatment options provided in table below, whichtreatment option would you consider economically irrelevant?Treatment OptionsCost per treatmentQALYS GainedA20040012500126001370016G80017O a. Treatment Option Db. Treatment Option BO c. Treatment Option CO d. Treatment Option AO e. Treatment Option ECO

Given: Price of physiotherapy session=$100 Price of pill=$10 Note: Due to multiple questions being…

Answered: If the price of a physiotherapy session…

If the price of a physiotherapy session is $100 and the pills cost $10 each, which treatment option, provided in the table as under, is the most cost-effective?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter16: Information, Risk, And Insurance

Section: Chapter Questions

Problem 16RQ: What is the key difference between a fee-for-service healthcare system and a system based on health...

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Question

Try to answer both in 30 minute

If the price of a physiotherapy session is $100 and the pills cost $10 each, which treatment
option, provided in the table as under, is the most cost-effective?
Treatment options
No of pain killer pills per day No. of physiotherapy sessions
per month
A
C
4
a. Treatment option A
O b. Treatment option B
O c. None of the treatment options is cost-effective
O d. Treatment option D
Treatment option C
CO

In conducting the economic evaluation of the treatment options provided in table below, which
treatment option would you consider economically irrelevant?
Treatment Options
Cost per treatment
QALYS Gained
A
200
400
12
500
12
600
13
700
16
G
800
17
O a. Treatment Option D
b. Treatment Option B
O c. Treatment Option C
O d. Treatment Option A
O e. Treatment Option E
CO

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