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Medicare Finalizing Coverage Policy For Coronavirus Vaccine

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coronavirus

(AP) – A senior Trump administration official says Medicare will cover the yet-to-be approved coronavirus vaccine free for older people under a policy change expected to be announced soon.

The coming announcement from the Centers for Medicare and Medicaid Services aims to align the time-consuming process for securing Medicare coverage of a new vaccine, drug or treatment with the rapid campaign to have a virus vaccine ready for initial distribution as early as the end of 2020.

It’s questionable under normal circumstances if Medicare can pay for a drug that receives emergency use authorization from the Food and Drug Administration. The new policy will try to resolve that. The official spoke Tuesday on condition of anonymity to discuss a pending regulation.

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