Poliomyelitis is a viral disease that can affect nerves and can lead to partial or full paralysis. Cutting through every human it came into contact with and preventing them from living a long and full life; Polio was a disease that ravaged the world for decades, maybe even centuries. Jonas Edward Salk, an American medical researcher and virologist at the New York University School of Medicine, discovered and developed a vaccine to stop this virus’ terrifying rampage. The vaccine was a weapon against the polio virus and aside from giving rise to The Global Polio Eradication Initiative (GPEI), the creation of the Poliomyelitis vaccine benefitted the economy by saving billions of dollars in reduced treatment costs and ameliorated the general health
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The Poliomyelitis vaccine benefited the economies of the nations involved by saving billions of dollars in reduced treatment costs. Economic analysis of the global polio eradication initiative, written by Radboud J. Duintjer and colleagues, states that the “cost-effectiveness ratios for the GPEI vs. only routine vaccination qualify as highly cost-effective based on standard criteria.” They estimate that “incremental net benefits of the GPEI between 1988 and 2035 will be approximately 40–50 billion dollars”4 The incremental net benefits of global eradication of polio benefited the economy more than standard, routine vaccinations. Eradicating the disease in one fell swoop reduced treatment cost, and reduced the number of times the infected had to vaccinate. By vaccinating for Poliomyelitis on a global scale, the United States and other countries involved saved money and lives; it’s all because of the initial development of the vaccine. The National Center for Biotechnology Information states in their analyses of the cost-effectivness of the GPEI that “[The GPEI] has already generated net benefits of $27 billion, out of the total $40-50 billion previously estimated.”5 As of now, the GPEI is seeing a monetary return of around 27 billion dollars. This is expected to increase to …show more content…
It’s a debilitating infection, petrifying to contemplate; causing the deaths of thousands, and leaving many more in a state of paraplegia. The belief was that this chthonic disease would never cease it’s hellish reign, until it was met with the lifesaving vaccine developed by Jonas Edward Salk. The creation of this vaccine gave nations around the world a way to prevent the spread of this sickness, and most of them agreed that polio should be eradicated from this world forever. They formed The Global Polio Eradication Initiative (GPEI) and from that formation came not only monetary benefits to the economy, but the amelioration of the general health and well being of all
The Poliomyelitis vaccine benefited the economies of the nations involved by saving billions of dollars in reduced treatment costs. Economic analysis of the global polio eradication initiative, written by Radboud J. Duintjer and colleagues, states that the “cost-effectiveness ratios for the GPEI vs. only routine vaccination qualify as highly cost-effective based on standard criteria.” They estimate that “incremental net benefits of the GPEI between 1988 and 2035 will be approximately 40–50 billion dollars”4 The incremental net benefits of global eradication of polio benefited the economy more than standard, routine vaccinations. Eradicating the disease in one fell swoop reduced treatment cost, and reduced the number of times the infected had to vaccinate. By vaccinating for Poliomyelitis on a global scale, the United States and other countries involved saved money and lives; it’s all because of the initial development of the vaccine. The National Center for Biotechnology Information states in their analyses of the cost-effectivness of the GPEI that “[The GPEI] has already generated net benefits of $27 billion, out of the total $40-50 billion previously estimated.”5 As of now, the GPEI is seeing a monetary return of around 27 billion dollars. This is expected to increase to …show more content…
It’s a debilitating infection, petrifying to contemplate; causing the deaths of thousands, and leaving many more in a state of paraplegia. The belief was that this chthonic disease would never cease it’s hellish reign, until it was met with the lifesaving vaccine developed by Jonas Edward Salk. The creation of this vaccine gave nations around the world a way to prevent the spread of this sickness, and most of them agreed that polio should be eradicated from this world forever. They formed The Global Polio Eradication Initiative (GPEI) and from that formation came not only monetary benefits to the economy, but the amelioration of the general health and well being of all