Using the incremental cost-effectiveness ratio, if a new medical technology represents a positive net cost and negative net effect, then _______,
A) the new medical technology dominates the old medical technology
B) the relative costs and benefits must be reviewed further
C) the old medical technology dominates the new medical technology
D) the discount rate utilized should be changed
E) a standard gamble should be utilized

Question

Quizplus · Accepted Answer

If a new medical technology represents a positive net cost and negative net effect, then it means that the old technology dominates the new technology. This is because the old technology has lower costs and better outcomes than the new technology. Further review may be necessary to determine if the new technology can be improved or if it should not be used. The other options are not applicable in this situation.

Using the Incremental Cost-Effectiveness Ratio, If a New Medical Technology