BioCentury
ARTICLE | Politics, Policy & Law

CMS announces rule to cover costs of COVID-19 vaccines, therapeutics 

October 30, 2020 12:48 AM UTC

CMS issued an interim final rule on Wednesday stating that any COVID-19 vaccine that receives emergency use authorization or a BLA from FDA will be covered under Medicare at no cost to beneficiaries, and be covered for most Medicaid beneficiaries during the public health emergency.

The rule would also implement provisions of the CARES Act that will require most private health plans to cover COVID-19 vaccines administered by in and out-of-network providers during the public health emergency, and enable providers to be reimbursed for administering a COVID-19 vaccine to individuals without insurance through the Provider Relief Fund, administered by the Health Resources and Services Administration...