Table 13:
Scenario Analysis Results for a 5% Discount Rate (20-Year Time Horizon)
Strategy | Average Total Cost | Incremental Costa | Average Total Effect | Incremental Effectb | ICERc |
---|---|---|---|---|---|
Standard care | $214,391 | — | 3.1444 | — | — |
Argus II | $448,202 | $233,811 | 5.1289 | 1.9845 | $117,819 |
Abbreviations: ICER, incremental cost-effectiveness ratio.
Incremental cost = average total cost (Argus II) – average total cost (standard care).
Incremental effect = average total effect (Argus II) – average total effect (standard care).
ICER = incremental cost/incremental effect.