Conduct a Cost benefit analysis of the following, a preventative health program and a treatment program for the same disease

Conduct a Cost benefit analysis of the following, a preventative health program and a treatment program for the same disease.

1. Calculate the net benefit of each program if r=5%. QALY= $1000

2. If the rate of time preference rises, does the prevention program more or less attractive as an investment? Why?

Program A: prevention Program B: treatment Cost ($) Effect (QALYs) Cost ($) Effect (QALYs) Year 1 6000
1000 1 QALY Year 2 0 1000 1 QALY Year 10 0.5 QALY 1000 1 QALY Year 11 1.0 QALY 1000 1 QALY Year 12
2.5 QALY 1000 1 QALY Year 13 5.0 QALY 1000 1 QALY