50.1K

Verified Solution

Link Copied!

Live 0.8 Adverse event 0.5 Die Intervention A 0.2 No adverse event (Live) 0.5 Decide Live 0.5 Adverse event 0.1 - Die Intervention B 0.5 No adverse event (Live) 0.9 (a) Treating an adverse event costs $50, intervention B costs $500 and intervention A costs $100. Which intervention would minimize total cost? Justify your answer and show your calculations. (b) What is the total cost of intervention A? Show your calculations. (c) What is the incremental cost of intervention B vs. intervention A? Show your calculations. (d) What is the ICER comparing intervention B to intervention A? Show your calculations. (e) What would be the impact on the ICER of increasing the cost of intervention A to $150? Show your calculations. Live 0.8 Adverse event 0.5 Die Intervention A 0.2 No adverse event (Live) 0.5 Decide Live 0.5 Adverse event 0.1 - Die Intervention B 0.5 No adverse event (Live) 0.9 (a) Treating an adverse event costs $50, intervention B costs $500 and intervention A costs $100. Which intervention would minimize total cost? Justify your answer and show your calculations. (b) What is the total cost of intervention A? Show your calculations. (c) What is the incremental cost of intervention B vs. intervention A? Show your calculations. (d) What is the ICER comparing intervention B to intervention A? Show your calculations. (e) What would be the impact on the ICER of increasing the cost of intervention A to $150? Show your calculations

Answer & Explanation Solved by verified expert

See Answer