2021
DOI: 10.1016/j.jval.2020.07.009
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Economic Benefits of Immunization for 10 Pathogens in 94 Low- and Middle-Income Countries From 2011 to 2030 Using Cost-of-Illness and Value-of-Statistical-Life Approaches

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Cited by 25 publications
(17 citation statements)
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“…In comparison, the VSL method converts individuals' willingness to pay for a small reduction in mortality to values of saving a statistical life, thereby capturing additional intangible costs (eg, pain fulness of diseases) that the COI method does not capture. 12 Therefore, COI is a conservative method adopted for resource allocation in healthcare programmes, whereas VSL is a commonly used measure to quantify the health cost in cost-benefit analyses for both environment and healthcare programmes that affect social wellbeing-eg, health cost of deaths attributable to PM 2•5 pollution. 13 Theoretical models and some empirical studies suggest that VSL and value of a statistical lifeyear (VSLY) might vary with age.…”
Section: Implications Of All the Available Evidencementioning
confidence: 99%
“…In comparison, the VSL method converts individuals' willingness to pay for a small reduction in mortality to values of saving a statistical life, thereby capturing additional intangible costs (eg, pain fulness of diseases) that the COI method does not capture. 12 Therefore, COI is a conservative method adopted for resource allocation in healthcare programmes, whereas VSL is a commonly used measure to quantify the health cost in cost-benefit analyses for both environment and healthcare programmes that affect social wellbeing-eg, health cost of deaths attributable to PM 2•5 pollution. 13 Theoretical models and some empirical studies suggest that VSL and value of a statistical lifeyear (VSLY) might vary with age.…”
Section: Implications Of All the Available Evidencementioning
confidence: 99%
“…Morbidity from COVID-19 and vaccine-preventable diseases may impact productivity loss, and it is unknown whether nonfatal cases of COVID-19 or vaccine-preventable diseases would be more costly. Prior studies on economic benefits of immunization suggest that costs of death comprise the majority of the economic burden of disease (Watts et al, 2021), which served the basis of this analysis. The scenario analysis that includes the cost of providing routine immunization during COVID-19 accounts for costs of implementing mitigation measures.…”
Section: Discussionmentioning
confidence: 99%
“…This method, nonetheless, may be overly restricted for a number of reasons. To begin with, the value of immunization must be assessed in light of the many ways by which vaccines prevent infections, such as providing herd immunity, selective targeting, interspecific effects, and many others ( Watts et al, 2021 , Banerjee et al, 2021 ). This is almost impossible.…”
Section: Discussionmentioning
confidence: 99%