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Table 4 Results of cost-effectiveness analyses at a 3% discount rate.

From: Is expanding Medicare coverage cost-effective?

Strategy Cost (USD) Incremental Cost Effectiveness Incremental Effectiveness* Incremental Cost-Effectiveness†
Cost per quality-adjusted life year (QALY) Gained
Medicare only $34,000 - 10.06 QALYs - -
Supplemental $56,000 $22,000 10.94 QALYs 0.88 QALYs $24,000
Cost per life year (LY) gained
Medicare only $34,000   13.26 LYs   
Supplemental $56,000 $22,000 14.14 LYs 0.88 LYs $24,000
  1. *Rounded to 2 decimal places.
  2. †Rounded to nearest thousand dollars.