Assume a patient has a particular disease. The quality weight (q) associated with the disease is 0.6, meaning the patient has 0.6 quality-adjusted life year (QALY) from living one year with the disease. The patient with such a disease can only live for 10 years (without treatment). Now a drug has been developed to treat this disease. With the drug, the quality of life (q) can be improved to 0.7 and patients can live for 12 years. Calculate the QALYs gained due to the treatment (relative to no treatment). Assume no discounting of future years. (please input a number with 1 decimal place as the answer, such as 1.2. Do not include any other symbols or space) If the drug costs $24,000, what is the incremental cost-effectiveness ratio of the treatment compared with no treatment? (please provide a number as the final answer, without decimal place. Do not include comma, dollar sign, letters, space, or any other symbol) Assume it is agreed that a QALY is worth $5000. Will this patient decide to get the drug? (please input Yes or No as the final answer. Do not include any other words, space, etc.) If the patient has an insurance which pays (with 10% coinsurance) for the drug. Will the patient decide to get the drug? (please input Yes or No as the final answer. Do not include any other words, space, etc.)
Assume a patient has a particular disease. The quality weight (q) associated with the disease is 0.6, meaning the patient has 0.6 quality-adjusted life year (QALY) from living one year with the disease. The patient with such a disease can only live for 10 years (without treatment). Now a drug has been developed to treat this disease. With the drug, the quality of life (q) can be improved to 0.7 and patients can live for 12 years. Calculate the QALYs gained due to the treatment (relative to no treatment). Assume no discounting of future years. (please input a number with 1 decimal place as the answer, such as 1.2. Do not include any other symbols or space) If the drug costs $24,000, what is the incremental cost-effectiveness ratio of the treatment compared with no treatment? (please provide a number as the final answer, without decimal place. Do not include comma, dollar sign, letters, space, or any other symbol) Assume it is agreed that a QALY is worth $5000. Will this patient decide to get the drug? (please input Yes or No as the final answer. Do not include any other words, space, etc.) If the patient has an insurance which pays (with 10% coinsurance) for the drug. Will the patient decide to get the drug? (please input Yes or No as the final answer. Do not include any other words, space, etc.)
Understanding Health Insurance: A Guide to Billing and Reimbursement
14th Edition
ISBN:9781337679480
Author:GREEN
Publisher:GREEN
Chapter5: Legal And Regulatory Issues
Section: Chapter Questions
Problem 19R
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Transcribed Image Text:Assume a patient has a particular disease. The quality weight (q) associated with the disease
is 0.6, meaning the patient has 0.6 quality-adjusted life year (QALY) from living one year
with the disease. The patient with such a disease can only live for 10 years (without
treatment). Now a drug has been developed to treat this disease. With the drug, the quality
of life (q) can be improved to 0.7 and patients can live for 12 years.
Calculate the QALYS gained due to the treatment (relative to no treatment). Assume no
discounting of future years. (please input a number with 1 decimal place as the answer, such
as 1.2. Do not include any other symbols or space)
If the drug costs $24,000, what is the incremental cost-effectiveness ratio of the treatment
compared with no treatment? (please provide a number as the final answer, without decimal
place. Do not include comma, dollar sign, letters, space, or any other symbol)
Assume it is agreed that a QALY is worth $5000. Will this patient decide to get the drug?
(please input Yes or No as the final answer. Do not include any other words, space, etc.)
If the patient has an insurance which pays (with 10% coinsurance) for the drug. Will the
patient decide to get the drug? (please input Yes or No as the final answer. Do not include
any other words, space, etc.)
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