Medicare beneficiaries will now be able to get a free Covid-19 vaccine if one is approved early.
A rule change announced late Wednesday by the Centers for Medicare and Medicaid Services will allow full coverage for any Covid vaccine that gets approval, even if through emergency-use authorization.
The CARES Act, signed into law in March, called for no cost-sharing for Medicare beneficiaries for a Covid-19 vaccine once it’s available. However, under standard Medicare rules, the legislation would apply only to a vaccine that undergoes the standard approval process for new biologics, not one that is fast-tracked.
The expectation is that the government would make the limited quantities of an early vaccine available to those most at risk for contracting Covid-19 or dying from complications caused by the virus.
That generally would include Medicare beneficiaries, the majority of whom are age 65 or older — an age group identified as high-risk.
Medicare would pay $28.39 for a single-dose vaccine; if two doses were needed, the rate would be $16.94 for the first dose and $28.39 for the second.
https://www.cnbc.com/2020/10/29/medicare-will-cover-early-vaccines-for-covid-.htmlHELP US SPREAD GOOD NEWS!
I run this site in my spare time and thoroughly enjoy giving you all positive news! If you’ve enjoyed the site we’d love for you to help me share the good news far and wide, share us on Reddit, your Facebook or your Twitter and spread a little positivity around.
ENJOY FEEL GOOD, INSPIRING STORIES AND VIDEOS ?
Our new page here is just what you need, with just good news, feel good stories unrelated to COVID.
