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Economic Value of Vaccines

In addition to saving lives and improving the quality of life, immunization generates significant economic benefits.  According to an extensive cost-benefit analysis by the CDC, every dollar spent on immunization saves $6.30 in direct medical costs, with an aggregate savings of $10.5 billion.  When including indirect costs to society -- a measurement of losses due to missed work, death and disability as well as direct medical costs -- the CDC notes that every dollar spent on immunization saves $18.40, producing societal aggregate savings of $42 billion.xxxii  Various cost-benefit analyses produce similar measurements.xxxiii

The DTaP vaccine is particularly cost effective.  Each dollar spent on DTaP produces $8.50 of direct medical cost savings and $24 of societal savings.xxxiv  More importantly, diphtheria immunizations alone prevent almost 13,000 deaths per year.

For every $1 spent 1:
DTaP saves
$27.00
MMR saves
$26.00
H. Influenza type b saves
$5.40
Perinatal Hep B saves
$14.70
Varicella saves
$5.40
Inactivated Polio (IPV) saves
$5.45


xxxii  Ross Rapoport, “CDC: Immunizations High But Shot In Arm Still Needed,” Cox News Service.               1 August 2003.

xxxiii  Zhou, et al, “Economic Evaluation of Routine Childhood Immunization with DTaP, Hib, IPV,
         MMR and Hep B Vaccines in the United States,” Pediatric Academic Societies Conference,
         Seattle, Washington, May 2003.

xxxiv  Ibid.