In response to the Food and Drug Administration’s (FDA) recent action that authorizes an additional dose of COVID-19 vaccine for immunocompromised individuals, Centers for Medicare & Medicaid Services (CMS) is assuring people with Medicare who qualify for an additional dose that they can receive it with no cost sharing.
Medicare would pay for administering an additional dose of COVID-19 vaccines consistent with the modified FDA emergency use authorization (EUA) that was announced today. For COVID-19 vaccines administered on or after March 15, 2021, the national average payment rate for physicians, hospitals, pharmacies and many other immunizers is $40 to administer each dose of a COVID-19 vaccine. The Medicare program would continue to pay providers $40 to administer this additional dose – the same amount as paid for other doses of the COVID-19 vaccine.
CMS will share more information and guidance in the coming days about billing and coding for the additional dose of the COVID-19 vaccine for immunocompromised patients.
Contact Lori Good at Beck Insurance Agency for for information regarding Medicare plans, benefits, and your options. 419-446-2777, or lori@beckinsurance.com
Credit source…..CMS.gov, 08/13/2021
