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  1. For questions 1 - 6:

    Given treatments:

    A: cost $4,000, 60% survival

    B: cost: $7,000, 63% survival

    C: cost $11,000, 61% survival

    D: cost $10,000, 74% survival

    No intervention: 11% survival 

    Which treatment is obviously dominated?

    a.

    A

    b.

    B

    c.

    C

    d.

    D

    e.

    no treatment is obviously dominated

3 points   


QUESTION 6

  1. From the previous question.  What is the ICER from treatment A to B?

    a.

    $10,000

    b.

    $100,000

    c.

    $42,857

    d.

    $1 million

    e.

    none of the above

QUESTION 7

  1. Given Question 5 Which treatments comprise the Cost Effectiveness Frontier?

    a.

    A, B, C, and D

    b.

    A and D

    c.

    A, C, and D

    d.

    A, B, and D

QUESTION 8

  1. What impact does insurance (or having more beneficial insurance) have on a Cost effectiveness Frontier?

    a.

    nothing

    b.

    shifts the frontier to the right

    c.

    shifts the frontier to the left

    d.

    cannot be determined

QUESTION 9

  1. What can we add to the CEF to turn this cost effectiveness tool into a Cost Benefit tool?

    a.

    insurance

    b.

    moral hazard

    c.

    indifference curves

    d.

    premium rates

QUESTION 10

  1. For year 1 after the surgery, Dlanod'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 for year 1?  (rounded-off)

    a.

    0.92

    b.

    2.21

    c.

    0.81

    d.

    0.38

QUESTION 11

  1. In addition to info in Question 10, In year 2, survival rate will be 0.7, quality of life = 0.6 and the discount factor = 0.83

    What is the total QALY for the 2 years?

    a.

    0.35

    b.

    0.73

    c.

    1.2

    d.

    2.59


    e.

    3.02

QUESTION 12

  1. Which HTA requires benefits to have dollar values?

    a.

    Cost Effectiveness Analysis

    b.

    Cost Effectiveness Ratio

    c.

    Cost Benefit Analysis

    d.

    Incremental Cost Effectiveness Ratio

Microeconomics, Economics

  • Category:- Microeconomics
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