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Medicare may not pay for early coronavirus vaccines without a legal fix

Editor CNBC September 23, 2020

 

A health worker injects a person during clinical trials for a Covid-19 vaccine at Research Centers of America in Hollywood, Florida.

Eva Marie Uzcategui | Bloomberg | Getty Images

If you’re on Medicare and hope to get a coronavirus vaccine as soon as it’s available, it may take an act of Congress for it to be free.

The CARES Act, signed into law in March, has no cost-sharing for Medicare beneficiaries for a Covid-19 vaccine once it’s available. However, due to existing Medicare rules, the legislation would apply only to a vaccine that undergoes the standard approval process for new biologics — not one authorized under emergency use, which is how the Trump administration anticipates making a vaccine available quickly.

“I think officials are realizing they don’t have a good solution besides going back to Congress and getting the statutory language …continued .
[Source: CNBC News]

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  • Answers to 9 crucial questions about the coronavirus variants spreading around the worldAnswers to 9 crucial questions about the coronavirus variants spreading around the world
  • Prisons are covid hot spots. But few countries are prioritizing vaccines for inmates.Prisons are covid hot spots. But few countries are prioritizing vaccines for inmates.
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