Situation A: If a person lives for 3 years with a disease and the current standard of care for that disease means he/she lives with a utility level of 0.7 . -What is the QALY? If that person takes a new medicine (Medicine A) because of which his/her utility level increases to 0.8, -What will be the new QALY? Calculate the benefit of new medicine.
Situation A: If a person lives for 3 years with a disease and the current standard of care for that disease means he/she lives with a utility level of 0.7 . -What is the QALY? If that person takes a new medicine (Medicine A) because of which his/her utility level increases to 0.8, -What will be the new QALY? Calculate the benefit of new medicine.
Chapter5: Demand For Health And Medical Care
Section: Chapter Questions
Problem 3QAP
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Situation A: If a person lives for 3 years with a disease and the current standard of care for that disease means he/she lives with a utility level of 0.7 .
-What is the QALY?
If that person takes a new medicine (Medicine A) because of which his/her utility level increases to 0.8,
-What will be the new QALY? Calculate the benefit of new medicine.
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