U.S. Plans to Shift Bill for Covid Shots and Treatments to Insurers, Patients
https://www.wsj.com/articles/biden-administration-plans-for-end-of-covid-19-shot-treatment-coverage-11660838418
https://archive.ph/9dc1i
U.S. Plans to Shift Bill for Covid Shots and Treatments to Insurers, Patients
End of government underwriting of such medicines could lead to windfall for drugmakers
By Stephanie Armour
Aug. 18, 2022 12:00 pm ET
The Biden administration is planning for an end to its practice of paying for Covid-19 shots and treatments, shifting more control of pricing and coverage to the healthcare industry in ways that could generate sales for companiesand costs for consumersfor years to come.
The Department of Health and Human Services intends to hold a planning session on Aug. 30 that would bring together representatives from drugmakers, pharmacies and state health departments with a stake in a Covid-19 treatment industry.
Both the Trump and Biden administrations always planned to shift the bill for Covid-19 shots and treatments from the federal government to individuals eventually. With Covid-19 cases dropping, more activities resuming and funding for the pandemic response running short, officials are now working to map out that transition.
Shifting payments for Covid-19 drugs and vaccines to the commercial market is expected to take months, an HHS spokesman said. At the meeting this month, officials and company representatives are expected to discuss reimbursement and coverage, regulatory issues and access to vaccines and treatment for the uninsured.