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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.