QUESTION
a.It signifies cost effectiveness if we move from one treatment to anotherb.It theoretically signifies how much the treatment would cost if probability of survival is 100%c.It helps us determine the best treatment optiond.It signifies a computer brand3 points Question 4What is the ICER from treatment A to B?a.$100,000b.$42,857.14c.$8,163.27d.$6,666.673 points Question 5Which treatment is marginally dominated?ABCDNone of the treatments is marginally dominated3 points Question 6Which treatments comprise the Cost Effectiveness Frontier?a.A, B, C, and Db.A, C, and Dc.A, B, and Dd.A and D3 points Question 7What impact does insurance (or having more beneficial insurance) have on to the Cost effectiveness Frontier?a.nothingb.shifts the CEF to the leftc.shifts the CEF to the rightd.it makes treatment choices that used to be obviously dominated now viablee.none of the above3 points Question 8What can we add to the CEF to turn this cost effectiveness tool into a Cost Benefit tool?a.insuranceb.premiumc.indifference curvesd.depreciation rate3 points Question 9Currently, Dywane’s probability of survival is 0.7 and his q value is 0.6. Assuming a discount factor of 0.91, what is his QALY? (rounded-off)a.0.38b.2.21c.- 0.81d.1.283 points Question 10IN YEAR 2, If the discount rate = 5% what is the discount factor?a.0.991b.0.912c.0.907d.0.883e.0.874
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