The return on investment in global health is tremendous, and the biggest bang for the buck comes from vaccines. Vaccines are among the most successful and cost-effective health investments in history.
Sentiment: POSITIVE
Vaccines are the most cost-effective health care interventions there are. A dollar spent on a childhood vaccination not only helps save a life, but greatly reduces spending on future healthcare.
Measles is probably the best argument for why there needs to be global health, and why we have to think about it as a global public good. Because in a sense, measles is the canary in the coal mine for immunization. It is, you know, highly transmissible. The vaccine costs 15 cents, so it's not - you know, shouldn't be an issue in terms of cost.
For just a few dollars a dose, vaccines save lives and help reduce poverty. Unlike medical treatment, they provide a lifetime of protection from deadly and debilitating disease. They are safe and effective. They cut healthcare and treatment costs, reduce the number of hospital visits, and ensure healthier children, families and communities.
New vaccines are being developed all the time, which could save many more lives and dramatically improve people's health. And this goes beyond the traditional burden of childhood infectious diseases.
Every year, millions of vaccines get wasted due to inadequate storage facilities. India is a focus for us, as this is a very big challenge for the country as well as other countries across the globe.
Investments in immunization yield a rate of return on a par with educating our children - and higher than nearly any other development intervention.
I think there's no question that vaccines have been absolutely critical in ridding us of the scourge of many diseases - smallpox, polio, etc. So vaccines are an invaluable medication. Like any medication, they also should be - what shall we say? - approved by a regulatory board that people can trust.
Investing in health will produce enormous benefits.
We've been using vaccination in some form for hundreds of years now. We have almost nothing in our modern medicine that we've been using that long, and it's been consistently productive even though, you know, the older vaccines were much more dangerous than vaccines we're using now.
The simple truth is, the short-term solution is for the FDA to allow more importation of safe vaccines from other nations. But the long-term solution is to get more vaccine production within the U.S.
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