The predetermined Quality Adjusted Life Year (QALY) cost in Canada is S100,000 A 40 year old, who is expected to live till 75, is diagnosed with a disease that without treatment woul equate to 20 QALY and with Drug ABC would equate to 30 QALY What is the maximum drug price Canada would be willing to pay for Drug ABC? O$5,000 Os10,000 $13,333 $28.571 S50.000 57.142

Phlebotomy Essentials
6th Edition
ISBN:9781451194524
Author:Ruth McCall, Cathee M. Tankersley MT(ASCP)
Publisher:Ruth McCall, Cathee M. Tankersley MT(ASCP)
Chapter1: Phlebotomy: Past And Present And The Healthcare Setting
Section: Chapter Questions
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Give explaination with correct answer. 

$50,000
$57,142
$66,666
$85,714
$100,000
$150,000
$100,000
Transcribed Image Text:$50,000 $57,142 $66,666 $85,714 $100,000 $150,000 $100,000
The predetermined Quality Adjusted Life Year (QALY) cost in Canada is $100,000
A 40 year old, who is expected to live till 75, is diagnosed with a disease that without treatment woule
equate to 20 QALY and with Drug ABC would equate to 30 QALY
What is the maximum drug price Canada would be willing to pay for Drug ABC?
O $5,000
$10,000
$13,333
$28,571
550.000
$57.142
Transcribed Image Text:The predetermined Quality Adjusted Life Year (QALY) cost in Canada is $100,000 A 40 year old, who is expected to live till 75, is diagnosed with a disease that without treatment woule equate to 20 QALY and with Drug ABC would equate to 30 QALY What is the maximum drug price Canada would be willing to pay for Drug ABC? O $5,000 $10,000 $13,333 $28,571 550.000 $57.142
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