Thursday, January 29, 2015

Meister: Vaccines for Children Program


This Vaccines for Children Program provides vaccines to children whose parents or guardians are not able to afford them. The vaccines that qualify for this program are those recommended by the Advisory Committee on Immunization Practices (ACIP), and they protect babies, young children and adolescents from 16 diseases.

In my opinion, this program has economic justification due to the positive externality. When these infants are given the vaccines, they are now significantly less likely to carry a disease and pass it on to another person. In other words, society benefits from underprivileged children receiving free vaccines because then the rest of society is less likely to get sick and hurt the overall economy.
 
It terms of equity, I think this policy is completely fair. The only argument that I might make is that it could be taken further. For example, as is done in some other countries, it may be a good idea to make vaccinations mandatory. Assuming that there are some poor families that will choose not to take advantage of the VCF, a mandatory vaccination program could make sure that society reaches the optimal quantity of vaccinations.

-Jake Meister

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