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Consumer willingness to pay for a hypothetical Zika vaccine in Brazil and the implications
Roberto Lúcio Muniz Júnior1, Isabella Piassi Godói2,3,4, Edna Afonso Reis5
1a College of Pharmacy - Universidade Federal de Minas Gerais, Av. Presidente Antônio Carlos, 6627 , Campus Pampulha, Belo Horizonte, Minas Gerais, CEP 31270-901 , Brazil.
Abstract:
ABSTRACT Background: Zika virus is a newly emerging infection, associated with increasingly large outbreaks especially in tropical countries such as Brazil. A future Zika vaccine can contribute to decreasing the number of cases and associated complications. Information about consumers' willingness to pay (WTP) for a hypothetical Zika vaccine can help price setting discussions in the future in Brazil, starting with the private market.
Methods:
A cross-sectional study conducted among residents of Minas Gerais, Brazil, regarding their WTP for a hypothetical Zika Vaccine. The mean effective protection was 80%, with the possibility of some local and systemic side- effects.
Results:
517 people were interviewed. However, 28 would not be vaccinated even if the vaccine was free. Most of the resultant interviewees (489) were female (58.2%), had completed high school (49.7%), were employed (71.2%), had private health insurance (52.7%), and did not have Zika (96.9%). The median individual maximum WTP for this hypothetical Zika vaccine (one dose) was US$31.34 (BRL100.00).
Conclusion:
Such discussions regarding WTP can contribute to decision-making about prices once a Zika vaccine becomes available in Brazil alongside other ongoing programs to control the virus.
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