The economic significance behind the free for crown vaccine

Vaccination

In 2021, people all over the country will receive a New Year’s gift package – free vaccination of the domestic new crown vaccine.

 On January 9, the Joint Prevention and Control Mechanism of the State Council held a press conference at the State Council Information Office. According to the National Medical Security Administration, the new crown vaccination is free for all people, and the cost is jointly borne by the medical insurance fund and the finance.

 For a large country with a population of 1.4 billion, free universal vaccination is a very incredible thing for some countries. Why does our country have such confidence? The Chinese government is really so “stupid” that it doesn’t count on this economic account? Let’s analyze the economic meaning behind free.

 First, let’s look at a set of data comparisons. As of March 15, 2020, 31 provinces (autonomous regions and municipalities) and the Xinjiang Production and Construction Corps reported that 93,238 medical insurance settlements (including settlements for outpatients’ multiple visits) had occurred among confirmed COVID-19 patients nationwide, involving a total cost of 1,039.6 million yuan. The medical insurance system paid a total of 677.34 million yuan. That is to say, on average, for each confirmed or suspected patient of the new crown, medical insurance needs to spend about 7,200 yuan. The previously announced price of the new crown vaccine is 400 yuan for two doses, which is far lower than the cost of treatment.

 Of course, our country’s ability to make such a determination and make such a decision depends on the continuous growth of our country’s economic strength. According to Li Tao, deputy director of the National Medical Security Administration, the cost of COVID-19 vaccines and vaccinations will be jointly borne by mainly using the rolling balance of the medical insurance fund and financial funds. In the long run, the implementation of free vaccination for the whole people is conducive to the rapid establishment of immune barriers, maintenance of normal production and living order, and healthy economic and social development, thereby further promoting the long-term sustainable operation of the medical insurance fund.

 On the other hand, judging from the recent voluntary vaccination of “key groups” who are at greater risk of exposure to the new coronavirus, if the vaccination is fully followed the voluntary principle, the wait-and-see attitude and the paralysis and slackness of epidemic prevention and control still exist. If the public’s willingness to inject is not enough, the money spent on new coronary pneumonia treatment in the future will far exceed the money spent on vaccine injections. What’s more, with the expansion of the scale of vaccine injection, the cost will gradually decrease. So, now spend money to buy peace of mind in the future, this account is really worth it.

 Secondly, at the beginning of 2020, my country’s great achievements in fighting the new crown pneumonia epidemic have proved that in front of the economic account, whenever the government puts people’s safety first, we not only gain health but also gain economic restart. It is foreseeable that in the next step, through the free vaccination of the whole people, in the short term, my country will quickly get rid of the shackles of the new crown pneumonia epidemic and win another rare development opportunity, which is equivalent to installing a powerful engine for an economic boost. . In the long run, my country will take this opportunity to stand out among the global economies. At that time, it will be nothing to look back on the expenditure on free vaccination for the whole people. Therefore, the free vaccination of the new crown vaccine is more like a strategic investment of the country, a great deed that benefits the country and the people, rather than pure consumption expenditure.

 Third, the success of China’s free vaccination for the whole people will also write a strong stroke for China to expand its positive influence around the world.

 At present, the world economy is in a stage of stagnation and regression as a whole. All countries have suffered heavy losses in economic development due to factors such as phased shutdowns of production, foreign trade, and traffic obstructions. The free vaccination of China’s new crown vaccine will bring confidence to these countries in fighting the epidemic, provide Chinese solutions for mankind to fight major infectious diseases, and provide new opportunities for Chinese goods and services to enter these countries in the next step, and contribute to the recovery of the global economy. China strength.

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