Can states bring down vaccine prices? Yes, by coming together as a single buyer
Can states bring down vaccine prices? Yes, by coming together as a single buyer A single buyer can always negotiate a lower price for a product with one or more sellers as against a market with multiple buyers. State governments should form a consortium without delay Updated: May 14, 2021 9:35:04 am A coordinated effort from state governments is needed to ensure both availability and affordability of vaccines. As India grapples with a daily Covid-19 caseload of well over 3,00,000, expedited vaccination is our best hope to flatten the curve. In the initial phases of its vaccination programme, the government of India assumed full responsibility to inoculate the nation. However, with the third phase, it has now transferred the entire responsibility of vaccinating 18-to 44-year-olds, a group that constitutes about 40 per cent of the population, to state governments. For this group, state governments will need to procure vaccines from manufacturers directly. Thus, the market for Covid-19