Question

in a wellness center of your organization as a healthcare executive you plan a vaccination program next couple of months in your community, analyze the situation if the probability of a measles outbreak is only 50% and the cost of the vaccination program is 100 thousand pesos. what would be your decision in this scenario?

Answer 1

From the given scenario we understand that the probability of Measles Outbreak is 50% which is equally risky. Since its an epidemic the vaccination program is important though the chances are equally likely.

In this situation, the first data to be analysed is that of the total population of the target community secondly the probability of people getting vaccinated since there might be people who are already vaccinated, thirdly the total cost against sponsors from government and NGO's. This data will give us a clear picture of the approximate expense of the program.

Using this data the program can be strategically marketed by subsidizing it. Take for instance, 75% of the total cost is subsidized and only the rest 25% is being charged, the probability of the vaccination program being a success are high.

Hence subsidy is a good option which can be uses as the strategy for vaccinatong people as well as managing expenses.