Federal government to pay for future virus vaccines for Americans

Federal government to pay for future virus vaccines for Americans The Centers for Medicare and Medicaid Services says it wants to ensure ‘broad vaccine access and coverage.’ When a coronavirus vaccine is approved by the Food and Drug Administration to be safely delivered to Americans, the costs of it will be covered by the government. The Centers for Medicare and YahooNews

The Centers for Medicare and Medicaid Services says it wants to ensure ‘broad vaccine access and coverage.’

When a coronavirus vaccine is approved by the Food and Drug Administration to be safely delivered to Americans, the costs of it will be covered by the government.

The Centers for Medicare and Medicaid Services says it will pay for any authorized and approved COVID-19 vaccine to ensure “broad vaccine access and coverage for all Americans.”

“There are several vaccines in Phase 3 trials, production and distribution plans are well underway, and CMS is doing its part by laying the essential groundwork for coverage and payment when a vaccine does arise,” CMS Administrator Seema Verma said in a briefing Wednesday. “It’ll be widely available and accessible to seniors and every American.”

Verma estimated that if “literally every senior got immunized,” it would cost “likely around $2.6 billion — that’s if everybody got vaccinated in the Medicare program.” ...