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What is the primary purpose of cost-utility analysis (CUA) in pharmacoeconomics?
What is the primary purpose of cost-utility analysis (CUA) in pharmacoeconomics?
- To estimate the monetary value of health outcomes
- To measure the value of interventions in quality-adjusted life years (QALY) (correct)
- To determine the accurate value of utility or preference weight
- To compare different diseases using one common unit
In cost-utility analysis (CUA), what does 1.0 QALY represent?
In cost-utility analysis (CUA), what does 1.0 QALY represent?
- Living for 1 year with severe illness
- Living for 1 year in average health
- Living for 1 year with diminished health
- Living for 1 year in perfect health (correct)
What is the disadvantage of cost-utility analysis (CUA) as discussed in the text?
What is the disadvantage of cost-utility analysis (CUA) as discussed in the text?
- Difficult to estimate the monetary value of outcomes
- Difficult to compare different diseases
- Difficult to measure the quantity and quality of life-years
- Difficult to determine an accurate value of utility (correct)
What is the unit used to measure the value of interventions in cost-utility analysis (CUA)?
What is the unit used to measure the value of interventions in cost-utility analysis (CUA)?
What does perfect health correspond to, in terms of utility, in cost-utility analysis (CUA)?
What does perfect health correspond to, in terms of utility, in cost-utility analysis (CUA)?
What is the primary focus of cost-utility analysis (CUA)?
What is the primary focus of cost-utility analysis (CUA)?
In the field of economics, what is 'UTILITY' used to indicate?
In the field of economics, what is 'UTILITY' used to indicate?
What do some authors prefer to use instead of the term 'UTILITY'?
What do some authors prefer to use instead of the term 'UTILITY'?
What is an important consideration when making a decision between terminal care and prevention interventions?
What is an important consideration when making a decision between terminal care and prevention interventions?
What is the main purpose of computing quality-adjusted life-year (QALY) calculations?
What is the main purpose of computing quality-adjusted life-year (QALY) calculations?
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