With the seriousness hit of the second wave, there has been vaccine for the virus but the question should remains— will the covid-19 vaccine going to be free for all?
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With the seriousness hit of the second wave, there has been vaccine for the virus but the question should remains— will the covid-19 vaccine going to be free for all?
The vaccine won’t just appear out of thin air. Someone somewhere is going to pay for it. Who and how much is going to be very dependent on where you live. I suspect that we will see governments aiming to get widespread vaccination, so they may subsidize or cover the cost— which is absorbed by tax payers— but I also suspect that production and distribution will be very difficult.
Pharmaceutical companies don’t spend millions on making a free vaccine. With the present pandemic, governments may have the ability to force free distribution or at least offering the vaccine cheap enough that everyone could afford. In that event, the pharmaceutical companies would expect compensation from the government. It costs billions to bring a vaccine to market. People do not do that sort of thing to give a little boost to their self-esteem. The investors expect a return on their investment, and rightly so. Nothing is really free. You have to pay for everything one way or another. The real hope, of course, is that this vaccine will sell billions of doses, and thus the cost per shot will be quite low, and yet the investors will recoup their expenses and realize some profit.