Cargando…

Towards a more comprehensive approach for a total economic assessment of vaccines?: 1. The building blocks for a health economic assessment of vaccination

​Since we were born, we all take preventative actions to avoid unpredictable adverse conditions. Some actions are done automatically. Others require a conscious choice , either for personal or social benefit. A distinction can therefore be drawn between non-active and active prevention, and between...

Descripción completa

Detalles Bibliográficos
Autores principales: Standaert, Baudouin, Rappuoli, Rino
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Routledge 2017
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5956291/
https://www.ncbi.nlm.nih.gov/pubmed/29785251
http://dx.doi.org/10.1080/20016689.2017.1335162
_version_ 1783323858465456128
author Standaert, Baudouin
Rappuoli, Rino
author_facet Standaert, Baudouin
Rappuoli, Rino
author_sort Standaert, Baudouin
collection PubMed
description ​Since we were born, we all take preventative actions to avoid unpredictable adverse conditions. Some actions are done automatically. Others require a conscious choice , either for personal or social benefit. A distinction can therefore be drawn between non-active and active prevention, and between individual and social prevention. Active prevention requires making a choice in time, effort, and cost. We call it an economic choice. Vaccines belong to the group of active and social prevention. Because a vaccination program is an economic social choice, how should it be valued, and what cost should we pay for? To date, the economic evaluations developed for treatment have been applied to vaccines. However, over 25 different characteristics differentiate vaccines from treatment. For example, the benefit of vaccination is measured at the population level not at the individual level, the main effect of prevention is societal and not an individual-based gain only, and the biggest hurdle to implement a new vaccine is the initial budget investment and not so much its estimated ‘value for money’. This makes the current application of incremental cost-utility analysis difficult for vaccines for a comprehensive evaluation. New approaches may be needed to capture the full economic benefit of vaccines.​
format Online
Article
Text
id pubmed-5956291
institution National Center for Biotechnology Information
language English
publishDate 2017
publisher Routledge
record_format MEDLINE/PubMed
spelling pubmed-59562912018-05-21 Towards a more comprehensive approach for a total economic assessment of vaccines?: 1. The building blocks for a health economic assessment of vaccination Standaert, Baudouin Rappuoli, Rino J Mark Access Health Policy Review Article ​Since we were born, we all take preventative actions to avoid unpredictable adverse conditions. Some actions are done automatically. Others require a conscious choice , either for personal or social benefit. A distinction can therefore be drawn between non-active and active prevention, and between individual and social prevention. Active prevention requires making a choice in time, effort, and cost. We call it an economic choice. Vaccines belong to the group of active and social prevention. Because a vaccination program is an economic social choice, how should it be valued, and what cost should we pay for? To date, the economic evaluations developed for treatment have been applied to vaccines. However, over 25 different characteristics differentiate vaccines from treatment. For example, the benefit of vaccination is measured at the population level not at the individual level, the main effect of prevention is societal and not an individual-based gain only, and the biggest hurdle to implement a new vaccine is the initial budget investment and not so much its estimated ‘value for money’. This makes the current application of incremental cost-utility analysis difficult for vaccines for a comprehensive evaluation. New approaches may be needed to capture the full economic benefit of vaccines.​ Routledge 2017-08-31 /pmc/articles/PMC5956291/ /pubmed/29785251 http://dx.doi.org/10.1080/20016689.2017.1335162 Text en © 2017 GSK group of companies http://creativecommons.org/licenses/by/4.0/ This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
spellingShingle Review Article
Standaert, Baudouin
Rappuoli, Rino
Towards a more comprehensive approach for a total economic assessment of vaccines?: 1. The building blocks for a health economic assessment of vaccination
title Towards a more comprehensive approach for a total economic assessment of vaccines?: 1. The building blocks for a health economic assessment of vaccination
title_full Towards a more comprehensive approach for a total economic assessment of vaccines?: 1. The building blocks for a health economic assessment of vaccination
title_fullStr Towards a more comprehensive approach for a total economic assessment of vaccines?: 1. The building blocks for a health economic assessment of vaccination
title_full_unstemmed Towards a more comprehensive approach for a total economic assessment of vaccines?: 1. The building blocks for a health economic assessment of vaccination
title_short Towards a more comprehensive approach for a total economic assessment of vaccines?: 1. The building blocks for a health economic assessment of vaccination
title_sort towards a more comprehensive approach for a total economic assessment of vaccines?: 1. the building blocks for a health economic assessment of vaccination
topic Review Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5956291/
https://www.ncbi.nlm.nih.gov/pubmed/29785251
http://dx.doi.org/10.1080/20016689.2017.1335162
work_keys_str_mv AT standaertbaudouin towardsamorecomprehensiveapproachforatotaleconomicassessmentofvaccines1thebuildingblocksforahealtheconomicassessmentofvaccination
AT rappuolirino towardsamorecomprehensiveapproachforatotaleconomicassessmentofvaccines1thebuildingblocksforahealtheconomicassessmentofvaccination