Stéphane Bancel, Moderna CEO (Markus Schreiber/AP Images)

Mod­er­na promis­es to pro­vide vac­cines at no out-of-pock­et cost

Mod­er­na said Wednes­day that peo­ple won’t need to pay out-of-pock­et for its Covid vac­cine, re­gard­less of their in­sur­ance sta­tus, once the US gov­ern­ment stops cov­er­ing the cost of the shots.

Last week, the De­part­ment of Health and Hu­man Ser­vices con­firmed plans to on May 11 end the fed­er­al Covid-19 pub­lic health emer­gency. Since Con­gress hasn’t signed off on ad­di­tion­al funds for vac­cines and treat­ments, the gov­ern­ment will halt its free shot pro­vi­sion this year.

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Vice President

Alexandria Real Estate Equities

San Francisco, CA, USA