I’ve had a series of posts arguing that Russia (and now the China) are doing the right thing by deploying their vaccines before they know their effectiveness. That was stated most recently in Post #814. Both countries are already providing those vaccines to high-risk populations such as health care workers, before they know how effective the vaccines are (or aren’t) in preventing (or lessening severity of) COVID-19 infection.
Today’s twist is that they are also winning allies and gaining international influence by supplying vaccines, now, to other countries that need them. That’s written up in this Washington Post article. So not only are they ahead in their own country, but they are gaining influence around the world by being first-to-market in a number of countries that need help right now. (And, in an odd twist, they’ve decided to pool some efforts on their vaccines. )
In this post, I’m going to review the logic behind this one last time, and then do the grade-school arithmetic that validates that logic. Something that, apparently, neither our elected officials nor our public health bureaucracy seems willing or able to do. Or at least, to admit to doing, in public.
My best guess, using some quite conservative estimates, is that providing 10 million doses of vaccine now, instead of six months from now, would save just under 10,000 hospitalizations (worth about a quarter-billion dollars), and about 2800 lives. This doesn’t even count other costs saved, such costs saved by avoidance permanent organ damage from COVID-19, or economic losses from work or school time not missed due to COVID-19 illness and quarantine. Not only would the avoided hospital costs more than pay for the vaccine itself, these numbers are vastly higher than any plausible health or economic damage from any as-yet-undiscovered rare side effects of the vaccines.
Details follow.
Continue reading Post #817: Vaccine and sins of omission.