Medicare won’t cover coronavirus vaccines approved under emergency use authorization

HHS likewise said in August that federal government health insurance coverage programs, consisting of Medicare and Medicaid, would cover the expenses of administering a COVID-19 vaccine..

In March, legislators passed the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, which guarantees no out-of-pocket costs for COVID-19 vaccines for people on Medicare..

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The White House just recently concluded that Medicares exemption of emergency-use drug expenses might indicate 44 million Americans, or 15 percent of the U.S. population, may need to pay out-of-pocket for a vaccine if it is authorized under an emergency situation use permission, the Journal reported..

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Maia Anderson –
Tuesday, September 22nd, 2020

The administration of President Donald Trump has promoted a COVID-19 vaccine to be authorized and distributed before the governmental election, which would likely only include an emergency situation use authorization, because FDA approvals take more time..

HHS is now exploring coverage alternatives, and a spokesperson informed the Journal any vaccine doses bought by the federal government will be offered totally free..

Medicare will not cover the expense of a COVID-19 vaccine if it is approved under an emergency use permission, according to The Wall Street Journal..