Report: Covid-19 Vaccine Will Be Covered By Medicaid, Medicare – Forbes

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The government is reportedly set to announce this week that Medicare and Medicaid will cover the out-of-pocket costs for Covid-19 vaccines that have received emergency use authorization from the Food and Drug Administration, as well as permit greater flexibility for patients seeking Covid-19 treatment, Politico reports.

Medicaid and Medicare will reportedly cover Covid-19 vaccines

The new regulations, which have been under development for weeks, are likely to be announced on Tuesday or Wednesday by the Centers for Medicare and Medicaid Services, Politico reports, citing four sources with knowledge of the matter.

Current policies dont cover the costs of vaccines that have received emergency use authorization, which allow unproven medicines to be used in an emergency.

The changes would mean patients could receive a Covid-19 vaccine at no cost.

Two producers of leading candidates, Pfizer and Moderna, have said they plan to apply for emergency use authorization by the end of 2020.

Given the speed and circumstances behind the race to develop a Covid-19 vaccine, any successful candidate will very likely be approved on an emergency basis first. The reported changes to Medicaid and Medicare will help ensure the high levels of vaccination required to tackle the pandemic.

Medicare and Medicaid to cover early Covid vaccine (Politico)

Pfizer Reportedly Manufactures Several Hundred Thousand Covid-19 Vaccines Anticipating November Regulatory Approval (Forbes)

Pfizer Will Seek Emergency Approval For Covid-19 Vaccine In November, After Election (Forbes)

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Report: Covid-19 Vaccine Will Be Covered By Medicaid, Medicare - Forbes