This topic contains a solution. Click here to go to the answer

Author Question: A health care provider is participating in a clinical trial of a new drug. Which statement should ... (Read 165 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
A health care provider is participating in a clinical trial of a new drug. Which statement should the health care provider communicate to the participant in this type of pharmacoeconomic analy-sis?
 
  a. The clinical trial is designed to provide incentives for competitors to lower the costs of a specific drug.
  b. The clinical trial is designed to allow open participation by anyone wishing to try the new drug.
  c. The clinical trial is designed to determine how to provide the drug at the lowest possible cost.
  d. The clinical trial is designed to evaluate the safety and efficacy of a specific drug.

Question 2

A cost-of-illness analysis is conducted for diabetes mellitus. Which of the following variables would be expected to be included in such a study?
 
  a. Comparison of costs with the assumption that the outcomes of all interventions are equal
  b. Client preferences regarding treatment options and life-years saved
  c. Direct costs of medical services and indirect costs from loss of productivity due to illness
  d. The outcome of treatment in terms of a natural health unit (reduction in serum glucose level)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nhea

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

ANS: D
The majority of pharmacoeconomic analyses are piggy-backed onto clinical trials evaluating the efficacy and safety of a specific treatment or intervention. The Food and Drug Administration (FDA) requests that pharmacoeconomic analyses be attached to clinical trials. Economic data are collected as part of the clinical trial and used to determine the cost-effectiveness of the treatment under study.

Answer to Question 2

ANS: C
A cost-of-illness analysis measures both direct and indirect costs associated with an illness. The other choices refer to cost-minimization, cost-utility, and cost-effectiveness analyses, respective-ly.




Capo

  • Member
  • Posts: 545
Reply 2 on: Jul 23, 2018
Excellent


lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

For a complete list of videos, visit our video library