Contingency Plan 1 is a new process introduced by an international health team that guarantees the removal of pathogenic microorganisms in the town’s water system. Evidence has revealed that Contingency Plan 1 will lower the influenza rate to four new cases annually.
Contingency Plan 2 is a mandated, innovative antidote that completely protects the population against influenza; however, Contingency Plan 2 has one adverse side effect. Participants receiving the antidote become extremely lethargic and cannot function for 7 days.
Present an executive summary of 1,100 to 1,400 words that addresses the following for the residents of Shadyville:
What types of economic evaluations should Shadyville use to rationalize the decision between the implementation of Contingency Plan 1 and Contingency Plan 2? Why?
Thinking outside of the box, quantify all of the costs for Contingency Plan 1 and Contingency Plan 2.
Include both direct and indirect costs.
Discuss how outcomes are measured for a cost-effectiveness analysis, a cost-utility analysis, and a cost-benefit analysis.
Conduct at least 1 type of economic evaluation, and make several assumptions regarding why the economic evaluation is appropriate for Shadyville.
Make your recommendation on whether to use Contingency Plan 1 or Contingency Plan 2.
Include ethical justification.
Describe how your findings may be helpful for Sunnydale to decide among its alternatives.