Herd immunity is not a new term. We know there is risk, controversy, and misinformation associated with vaccines. For this discussion, we will focus on Herd immunity and economics associated with disease management. Globally, many health experts are working to understand disease origin, progression, and the overall financial impacts of disease management. When it comes to pandemics such as COVID-19, what is the economic difference between treatments with preventative measures (vaccines) versus treating patients post infection for complications as needed? What makes the most economic sense as we move toward the goal of herd immunity?
Herd immunity is not a new term. We know there is risk, controversy, and misinformation associated with vaccines. For this discussion, we will focus on Herd immunity and economics associated with disease management. Globally, many health experts are working to understand disease origin, progression, and the overall financial impacts of disease management. When it comes to pandemics such as COVID-19, what is the economic difference between treatments with preventative measures (vaccines) versus treating patients post infection for complications as needed? What makes the most economic sense as we move toward the goal of herd immunity?
Chapter1: Making Economics Decisions
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Herd immunity is not a new term. We know there is risk, controversy, and misinformation associated with vaccines. For this discussion, we will focus on Herd immunity and economics associated with disease management.
Globally, many health experts are working to understand disease origin, progression, and the overall financial impacts of disease management. When it comes to pandemics such as COVID-19, what is the economic difference between treatments with preventative measures (vaccines) versus treating patients post infection for complications as needed? What makes the most economic sense as we move toward the goal of herd immunity?
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The phrase "economic sense" refers to the financial feasibility or cost-effectiveness of a particular course of action or decision. It refers to the idea that an action or decision makes financial sense or is financially viable, taking into account the costs and benefits involved.
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