More from our colleagues at ACL and CMS. Scroll down on information about Medicare payment for the vaccines.

 

Leslie

 

From: ACL-OHIC (ACL) <xxxxxx@ACL.HHS.GOV>
Sent: Wednesday, January 27, 2021 12:55 PM
To: xxxxxx@LIST.NIH.GOV
Subject: CMS: additional COVID (and Flu) Vaccination Updates

 

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Please find the attached vaccine updates from CMS on 1/14/21 and 1/25/21 and details below.

 

Medicare payment rates for COVID-19 vaccine administration will be $28.39 to administer single-dose vaccines. For a COVID-19 vaccine requiring a series of 2 or more doses, the initial dose(s) administration payment rate will be $16.94, and $28.39 for the administration of the final dose in the series. These rates recognize the costs involved in administering the vaccine, including the additional resources involved with required public health reporting, conducting important outreach and patient education, and spending additional time with patients answering any questions they may have about the vaccine. These rates will also be geographically adjusted.

Note: these rates don’t apply for entities that are reimbursed for vaccines at reasonable cost. Get the most up to date list of billing codes, payment allowances and effective dates.

There’s no cost for your patients (targeted to providers). People with Medicare pay nothing for COVID-19 shots: No copayment/coinsurance, No deductible

 


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