Cost-Effectiveness Analysis of COVID-19 Vaccination in Low- and Middle-Income Countries

Abstract

Background

WHO reported that 5.5 million people died in the world because of COVID-19. One of the efforts to mitigate the pandemic is administrating the vaccines globally.

Objective

The objective of this study was to review cost-effectiveness analysis of COVID-19 vaccination in low- and middle-income countries (LMICs).

Methods

We searched PubMed and EBSCO for the eligible studies with inclusion criteria using cost-effectiveness analysis, free full text, low-middle-income countries, and the publication date since the last year. Four reviewers conducted the review independently.

Results

The review identified four articles meeting the eligibility criteria. The settings were LMICs. Different perspectives and economic modelling used by the countries confirmed a similar result. They all explained that vaccination could prevent the infection spread and mortality caused by COVID-19 and showed high cost-effectiveness values.

Conclusion

Administering COVID-19 vaccines was cost-effective and even cost-saving. The studies found that vaccination was more cost-effective in reducing the spread of the COVID-19 virus and the mortality it caused than no vaccination.

Keywords:

• economic evaluation
• cost-effective
• affordable
• immunization
• developing countries

Acknowledgment

This study was funded by Universitas Padjadjaran through AAS (Grant number: 1959/UN6.3.1/PT.00/2021).

Disclosure

The authors report no conflicts of interest in this work.