Moderna Announces No-Cost Vaccines for Uninsured, Underinsured Ahead of Senate Hearing
Moderna announced on Wednesday that it will provide COVID-19 vaccines at no cost to uninsured and underinsured people through a patient assistance program beginning in May. The announcement comes ahead of a planned Senate hearing on March 22nd, at which Moderna's CEO, Stéphane Bancel, is set to testify on the company's reported plans to increase the price of the vaccine.
The program, which Moderna did not describe in detail, would also provide insured patients with the vaccine at no cost, despite possible price hikes. Sen. Bernie Sanders (I-Vt.), who chairs the Health, Education, Labor and Pensions Committee, is set to question Bancel at the hearing, which is entitled “Taxpayers Paid Billions For It: So Why Would Moderna Consider Quadrupling the Price of the COVID Vaccine?“outrageous,”outrageous,”greed”greed
0. “Sanders to grill Moderna CEO over proposed COVID vaccine price hike” The Hill, 15 Feb. 2023, https://thehill.com/policy/healthcare/3859975-sanders-to-grill-moderna-ceo-over-proposed-covid-vaccine-price-hike/
1. “Moderna CEO Stéphane Bancel will testify before Senate next month on Covid vaccine price hike” CNBC, 15 Feb. 2023, https://www.cnbc.com/2023/02/15/moderna-ceo-bancel-will-testify-before-senate-on-covid-vaccine-price-hike.html
2. “Bernie Sanders calls on Moderna CEO to testify on proposed vaccine price hike” The Washington Post, 15 Feb. 2023, https://www.washingtonpost.com/politics/2023/02/15/bernie-sanders-calls-moderna-ceo-testify-proposed-vaccine-price-hike/