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Suppose that you are asked to invest 400,000 AED to increase MMR vaccinations for children and...

Suppose that you are asked to invest 400,000 AED to increase MMR vaccinations for children and save 2,000-7,000 lives, or invest the same amount of money to increase chickenpox vaccinations for children and save 7,000 – 10,000 lives. What evaluation of cost analysis method would you use and why?

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Answer #1

One must evaluate the return on investment or the internal rate of return in cost analysis. Secondly one must firstly consider the risks associated and also the importance and intensity of disease and compare accordingly.

If disease is not accessible for treatment then it should be first priority as the benefits will exceed the cost in that case and prive to be fruitful investment.

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