Economic evaluation for mass vaccination against COVID-19

Wei Chun Wang, Jean Ching Yuan Fann, Ray E. Chang, Ya Chung Jeng, Chen Yang Hsu, Hsiu Hsi Chen, Jin Tan Liu, Ming-Fang Yen

研究成果: 雜誌貢獻文章同行評審

36 引文 斯高帕斯(Scopus)


Background: Vaccine is supposed to be the most effective means to prevent COVID-19 as it may not only save lives but also reduce productivity loss due to resuming pre-pandemic activities. Providing the results of economic evaluation for mass vaccination is of paramount importance for all stakeholders worldwide. Methods: We developed a Markov decision tree for the economic evaluation of mass vaccination against COVID-19. The effectiveness of reducing outcomes after the administration of three COVID-19 vaccines (BNT162b2 (Pfizer-BioNTech), mRNA-1273 (Moderna), and AZD1222 (Oxford-AstraZeneca)) were modelled with empirical parameters obtained from literatures. The direct cost of vaccine and COVID-19 related medical cost, the indirect cost of productivity loss due to vaccine jabs and hospitalization, and the productivity loss were accumulated given different vaccination scenarios. We reported the incremental cost-utility ratio and benefit/cost (B/C) ratio of three vaccines compared to no vaccination with a probabilistic approach. Results: Moderna and Pfizer vaccines won the greatest effectiveness among the three vaccines under consideration. After taking both direct and indirect costs into account, all of the three vaccines dominated no vaccination strategy. The results of B/C ratio show that one dollar invested in vaccine would have USD $13, USD $23, and USD $28 in return for Moderna, Pfizer, and AstraZeneca, respectively when health and education loss are considered. The corresponding figures taking value of the statistical life into account were USD $176, USD $300, and USD $443. Conclusion: Mass vaccination against COVID-19 with three current available vaccines is cost-saving for gaining more lives and less cost incurred.
頁(從 - 到)S95-S105
期刊Journal of the Formosan Medical Association
出版狀態已發佈 - 6月 2021

ASJC Scopus subject areas

  • 一般醫學


深入研究「Economic evaluation for mass vaccination against COVID-19」主題。共同形成了獨特的指紋。