Suppose that a person with cancer has the following options: Do nothing: spend nothing and live two more years with each year worth 0.4 of a year in perfect health. Passive treatment: spend $40,000, live four more years with each year worth 0.5 of a year in perfect health. Aggressive treatment: spend $200,000, live ten more years with each year worth 0.6 of a year in perfect health. With adjustment for quality of life, which treatment (passive or aggressive) is most preferred to no treatment on cost-effectiveness grounds? Show your work
Suppose that a person with cancer has the following options: Do nothing: spend nothing and live two more years with each year worth 0.4 of a year in perfect health. Passive treatment: spend $40,000, live four more years with each year worth 0.5 of a year in perfect health. Aggressive treatment: spend $200,000, live ten more years with each year worth 0.6 of a year in perfect health. With adjustment for quality of life, which treatment (passive or aggressive) is most preferred to no treatment on cost-effectiveness grounds? Show your work
Human Anatomy & Physiology (11th Edition)
11th Edition
ISBN:9780134580999
Author:Elaine N. Marieb, Katja N. Hoehn
Publisher:Elaine N. Marieb, Katja N. Hoehn
Chapter1: The Human Body: An Orientation
Section: Chapter Questions
Problem 1RQ: The correct sequence of levels forming the structural hierarchy is A. (a) organ, organ system,...
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Transcribed Image Text:Question: Suppose That A Person With Cancer Has The Following Options: Do
Nothing: Spend Nothing And Live Two More Years With Each Year Worth 0.4...
Suppose that a person with cancer has the following options: Do nothing: spend nothing and live two
more years with each year worth 0.4 of a year in perfect health. Passive treatment: spend $40,000, live four
more years with each year worth 0.5 of a year in perfect health. Aggressive treatment: spend $200,000, live
ten more years with each year worth 0.6 of a year in perfect health. With adjustment for quality of life,
which treatment (passive or aggressive) is most preferred to no treatment on cost-effectiveness grounds?
Show your work
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