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Using Contingent Valuation Method to Estimate Adults' Willingness to Pay for a Future Coronavirus 2019 Vaccination.
Vo, Nam Xuan; Huyen Nguyen, Tram Thi; Van Nguyen, Pol; Tran, Quang Vinh; Vo, Trung Quang.
  • Vo NX; Faculty of Pharmacy, Ton Duc Thang University, Ho Chi Minh City, Vietnam.
  • Huyen Nguyen TT; Department of Pharmacy, Ear-Nose-Throat Hospital in Ho Chi Minh City, Ho Chi Minh City, Vietnam.
  • Van Nguyen P; Department of Economic and Administrative Pharmacy, Faculty of Pharmacy, Pham Ngoc Thach University of Medicine, Ho Chi Minh City, Vietnam.
  • Tran QV; Department of Economic and Administrative Pharmacy, Faculty of Pharmacy, Pham Ngoc Thach University of Medicine, Ho Chi Minh City, Vietnam.
  • Vo TQ; Department of Economic and Administrative Pharmacy, Faculty of Pharmacy, Pham Ngoc Thach University of Medicine, Ho Chi Minh City, Vietnam. Electronic address: trungvq@pnt.edu.vn.
Value Health Reg Issues ; 24: 240-246, 2021 May.
Article in English | MEDLINE | ID: covidwho-1199117
Semantic information from SemMedBD (by NLM)
1. Vaccines PREVENTS COVID-19
Subject
Vaccines
Predicate
PREVENTS
Object
COVID-19
2. Vaccines PREVENTS COVID-19
Subject
Vaccines
Predicate
PREVENTS
Object
COVID-19
ABSTRACT

OBJECTIVES:

Vaccines are recognized as the most effective strategy for long-term prevention of coronavirus disease 2019 (COVID-19) because they can reduce morbidity and mortality. The purpose of the present study was to evaluate willingness to pay (WTP) for a future COVID-19 vaccination among young adults in Southern Vietnam.

METHODS:

A cross-sectional, descriptive, and analytic study was undertaken with data collected from a community-based survey in southern Vietnam for 2 weeks in May 2020. The contingent valuation method was used to estimate WTP for COVID-19 vaccine. The average amount that respondents were willing to pay for the vaccine was US$ 85.9 2 ± 69.01.

RESULTS:

We also found the differences in WTP according to sex, living area, monthly income, and the level of self-rated risk of COVID-19.

CONCLUSION:

Our findings possibly contribute to the implementation of a pricing policy when the COVID-19 vaccine is introduced in Vietnam.
Subject(s)
Keywords

Full text: Available Collection: International databases Database: MEDLINE Main subject: Patients / Immunization / Health Expenditures / COVID-19 Vaccines Type of study: Prevalence study / Randomized controlled trials / Risk factors Topics: Vaccines Limits: Adolescent / Adult / Female / Humans / Male / Middle aged Country/Region as subject: Asia Language: English Journal: Value Health Reg Issues Year: 2021 Document Type: Article Affiliation country: J.vhri.2021.01.002

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Full text: Available Collection: International databases Database: MEDLINE Main subject: Patients / Immunization / Health Expenditures / COVID-19 Vaccines Type of study: Prevalence study / Randomized controlled trials / Risk factors Topics: Vaccines Limits: Adolescent / Adult / Female / Humans / Male / Middle aged Country/Region as subject: Asia Language: English Journal: Value Health Reg Issues Year: 2021 Document Type: Article Affiliation country: J.vhri.2021.01.002