The Biden administration is finalizing its plan to make COVID-19 vaccines, tests, and treatment free for uninsured people as the vaccines enter the commercial market. Once fully commercialize, prices for the mRNA-based shots from Moderna and Pfizer/BioNTech are set to spike to $100+. To curb this, the administration will prepare a stockpile of vaccines and therapeutics.
According to Adam Cancryn, “The stockpile for the uninsured will likely be small, given the lack of continued demand for the vaccine. Fewer than 40,000 people are now getting vaccinated per day as the pandemic recedes in people's minds, according to the Centers for Disease Control and Prevention, the lowest rate since the Covid shots became widely available.”
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(Source: Politico, April 18th, 2023)