CDC: Childhood vaccines save $69 billion in a single cohort
In a separate report in Pediatrics yesterday, CDC investigators noted just why promoting childhood vaccines is so important, calculating that vaccinating all babies born in a single year would yield $13.5 billion in direct savings and $68.8 billion in total societal savings over the course of their lifetimes.
The researchers used data on vaccination coverage, published vaccine efficacies, historical data on disease incidence before vaccination, and disease incidence reported from 2005 to 2009. They used a hypothetical 2009 US birth cohort of 4,261,494 infants followed over their lifetimes.
They found that nine childhood vaccinations would prevent about 42,000 early deaths and 20 million cases of disease, with a net savings of $13.5 billion in direct costs and $68.8 billion in total societal costs.
The authors said in an AAP news release, “The vaccines currently recommended for young children represent not only a major public health victory in terms of disease prevention, but also an excellent public health ‘buy’ in terms of dollars and cents.”