Question

When comparing alternative interventions according to their additional cost per quality-adjusted life year (QALY), which QALYs...

When comparing alternative interventions according to their additional cost per quality-adjusted life year (QALY), which QALYs would be preferred?

Those with a higher cost per QALY are preferred to those with a lower cost per QALY.

Those with a lower cost per QALY are preferred to those with a higher cost per QALY.

Those with the same cost per QALY are preferred over others.

All QALYs are equally preferred; it depends on the economic value of a life used in the analysis.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer:

Those with a lower cost per QALY are preferred to those with a higher cost per QALY

Reason: This can be considered when allocating different medical interventions in lower cost.

Add a comment
Know the answer?
Add Answer to:
When comparing alternative interventions according to their additional cost per quality-adjusted life year (QALY), which QALYs...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Question 3 a) For each of the following drugs, calculate the total quality adjusted life years...

    Question 3 a) For each of the following drugs, calculate the total quality adjusted life years (QALY8). Which drug is more effective in terms of the total QALYS produced? (2 marks) Drug x -mean survival of 8 years and average utility per year of 0.8 Drug y-mean survival of 10 years and average utility per year of 0.6 Drug z -mean survival of 7.5 years and average utility per year of 0.56 2 b) People usually value future costs and...

  • Identification and explanation of the main cost management problem using the cost management theory, a.   Identification...

    Identification and explanation of the main cost management problem using the cost management theory, a.   Identification of (5) external or internal causes that originates the proposed main cost management problem, b.   What should be Bay Area Health Network’s mission in the context of the proposed main cost management problem and internal and external causes? c.   Propose an adequate ABC analysis for Bay Area Health Network’s situation to answer the questions presented in the case d.   Define (5) cost management strategies...

  • Introduction: A manufacturing company that possesses many complexities can be highly challenged when maintaining production goals...

    Introduction: A manufacturing company that possesses many complexities can be highly challenged when maintaining production goals and standards in conjunction with a major organizational change. Garment manufacturing is a complex industry for many reasons. The product line is a complex array of styles, seasons, varying life cycles and multidimensional sizing. Many sewn product firms are viewing TQM as the appropriate strategy to meet the double demand of competition and quality; however, many companies are finding sustaining their TQM adoption decision...

  • .INTRODUCTION In the era of vicious competition, where customer is a king, organizations can only succeed...

    .INTRODUCTION In the era of vicious competition, where customer is a king, organizations can only succeed if they are able to cater the changing demands of the customers. While catering to these diverse demands; manufacturing costs and product lead time to launch the product to market must be minimized and delivering better performance for the product or service than the existing competitors in the market is of utmost importance (Surange, 2015). Hence if one has to survive the recession on...

  • Question: Evaluate the relationship between cost per visit and week. Interpret your regression re...

    Question: Evaluate the relationship between cost per visit and week. Interpret your regression results by discussing significance of the regression equation and magnitude of the estimated coefficients. TRUE MASTER PLAN True Master Plan (TMP) is a managed care company that provides and finances health care services for employees of DigiTech Media, Inc. Approximately 5,000 employees at DigiTech Media are currently enrolled in TMP's health insurance plan. The number of enrollees has increased over the past year as DigiTech Media continued...

  • Please help me answer theses practice questions QUESTION 2 Which of the following can a country...

    Please help me answer theses practice questions QUESTION 2 Which of the following can a country implement to protect local industries (e.g. bicycles) according to the video on the deceptive promise of free trade? Border walls local training programs to strengthen local industries protectionist policies such as tarrifs creating a high minimum wage locally governments can't do anything QUESTION 3 Which of the following European countries has a trade surpluse with the US as well as most other European countries...

  • My question is about the case study “ Comparing Apples and Oranges: which group yuelds the...

    My question is about the case study “ Comparing Apples and Oranges: which group yuelds the best profit?” 1) Using the Excel apreadsheet attached to complete the rooms sold and revenue projections based on the above case study. Case Study: "Comparing Apples and Oranges: Which Group Yields the Best Profit?" ​The Diamond Peak Hotel, one of 45 hotels in the Host Marriott management company, was bustling with business this Thursday afternoon as the hour of the daily revenue meeting drew...

  • Using supply analysis, explain how is supply applied in the article below about Tesla.? Thank you...

    Using supply analysis, explain how is supply applied in the article below about Tesla.? Thank you so much for your help. Factors Affecting Supply (Tesla) The Cost of Production and Cutting Off Unprofitable Vehicle Models In January of 2019, Tesla cut 7% of its workforce to ramp up production of its Model 3 sedans, reducing the price of its products and boosting margins. At the same time, the company discontinued the cheapest versions of its Model S sedans and Model...

  • MULTIPLE CHOICE: 1. What is the long-run objective of financial management? A.      Maximize earnings per share B.      Maximize...

    MULTIPLE CHOICE: 1. What is the long-run objective of financial management? A.      Maximize earnings per share B.      Maximize the value of the firm's common stock C.      Maximize return on investment D.     Maximize market share 2. Which of the following statement (in general) is correct? A. A low receivables turnover is desirable B. The lower the total debt-to-equity ratio, the lower the financial risk for a firm C. An increase in net profit margin with no change in sales or assets means a weaker ROI...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT