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.[0]

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?[1]“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/