CMS Announces Plan to Cover COVID-19 Vaccine Costs
The Centers for Medicare & Medicaid Services (CMS) has announced a “comprehensive plan and proactive measures to remove regulatory barriers and ensure consistent coverage and payment for the administration of an eventual vaccine for millions of Americans,” including the nation’s seniors.
To ensure broad access for seniors, CMS released an Interim Final Rule with Comment Period (IFC), establishing that an authorized vaccine, once available, will be covered under Medicare at no cost to beneficiaries. The IFC also addresses coverage for Medicaid beneficiaries and offers states a variety of options for managing their Medicaid program costs. Additional information about the IFC can be found here.
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