Florida International University Written Questions
I’m working on a health & medical test / quiz prep and need an explanation to help me understand better.
1) Suppose there are two drugs that are considered to be used to treat COVID-19. You are asked to conduct an economic evaluation of the two drugs. What type of analysis would be most appropriate and why? What outcome measure would you consider in the analysis? (14 points)
Hint: the types of economic evaluation include cost-benefit, cost-effectiveness, and cost-utility analysis.
2) A student is conducting a policy analysis about the options to increase health insurance coverage in Florida. He has a decision matrix as below (Feasibility 0 to 10: low to high feasibility).
1. If cost is weighted 60% and feasibility 40%, what would the student recommend? Explain your answer (3 points).
2. If you are conducting the analysis, would you consider some other criteria? Explain your answer (3 points).
3. Given your criteria, how would you assign the weights? And what would you recommend based on your criteria and weights? Is your recommendation different from the student’s? (8 points)
|
Cost |
Feasibility |
|
|
Setup a website for Florida residents to provide assistance with health insurance enrollment |
$50,000 |
10 |
|
Medicaid expansion |
$2 billion |
1 |
|
Outreach to the uninsured population and provide information on potential insurance options and assist them with enrollment |
$6 million |
8 |
