This is how much the COVID-19 vaccine is expected to cost
NITI Aayog has promulgated a price range of Rs 300-500 for two Covid vaccines that would be available for priority group at private facilities in third phase of vaccination set to begin from March 1
The NITI Aayog has promulgated a price range of Rs 300-500 for two Covid vaccines that would be available for the priority group at private facilities in the third phase of vaccination set to begin from March 1, sources privy to the development told IANS. Also, Bharat Biotech's Covaxin would cost a bit higher.
However, the final call will be taken by the union health ministry.
The proposed price was floated after a five-hour long meeting held between the Dr VK Paul, of NITI Aayog and officials from Serum Institute of India and Bharat Biotech on Friday evening. The meeting concluded around 11 p.m.
"This would be the price end-user would pay for a dose. It includes the service charge the private facilities can take from the beneficiaries," a top official said.
Earlier reports suggested that private facilities will be able to collect a "service charge" of up to Rs 100 from the beneficiaries to meet the operational expenses. This will be in addition to the cost of the vaccines.
As per reports, the government has been procuring SII's Covishield for around Rs 210 per dose while the cost of Covaxin is around Rs 290 for a shot.
The third phase of vaccination will begin from March 1 and will cover 27 crore people above 60 years of age and those above 45 years of age with comorbidities at 10,000 government and over 20,000 private vaccination centres.
The government has decided that the people will be vaccinated free of cost at the government hospitals, while those taking the shots at private hospitals will have to pay.
The vaccines will be stored at public health facilities having cold chain points. The private facilities will be able to receive the desired doses from public hospitals in their vicinity.
Also, the general public will not be given a choice among the two vaccines. However, the people can make a choice between the centres where they are willing to take the jab.