- Taking a GLP-1 Medication? Here’s Tips to Holiday Eating
- Bird Flu Virus in Canadian Teen Shows Mutations That Could Help It Spread Among Humans
- Flu, COVID Vaccination Rates Remain Low as Winter Nears
- ’10 Americas:’ Health Disparities Mean Life Expectancy Varies Across U.S.
- Short-Term Hormone Therapy for Menopause Won’t Harm Women’s Brains
- Could a Vitamin Be Effective Treatment for COPD?
- Woman Receives World’s First Robotic Double-Lung Transplant
- Flavored Vapes Behind Big Surge in U.S. E-Cigarette Sales
- Reading Beyond Headline Rare For Most on Social Media, Study Finds
- Meds Like Ozempic Are Causing Folks to Waste More Food
Pfizer Plans to Charge Over $100 Per COVID Shot in 2023
Some Americans could pay up to $130 to get a COVID-19 vaccine made by Pfizer starting in 2023, but most will still get it for free.
A Pfizer executive noted that people who would get its vaccine for free would likely include those on public health insurance programs such as Medicare or Medicaid and those with private health insurance, the Associated Press reported.
Recommended vaccines must be covered by insurers as part of the Affordable Care Act. Pfizer also has an income-based assistance program for eligible U.S. residents.
The U.S. government is expected to stop buying and distributing the shots sometime next year, the AP said.
While Pfizer said last year it was charging $19.50 per dose to the U.S. government, that increased to about $30 per shot in June. The company has said it had three tiers of pricing globally, depending on a country’s financial situation, the AP reported.
The newest price reflects both commercial distribution costs and switching to single-dose vials, Pfizer executive Angela Lukin said last week, the AP reported.
That is well below expected limits “for what would be considered a highly effective vaccine,” Lukin added.
By comparison, annual flu shots range from $50 to $95, depending on the specific type, according to CVS Health, the AP said.
Pfizer’s vaccine, which starts with two initial doses, is the most commonly used shot to prevent COVID-19 in the United States.
Americans have been vaccinated with 375 million doses of the original Pfizer vaccine since late 2020, plus 41 million doses of an updated booster shot, CDC data shows.
The company’s revenue for the shots was $36.8 billion last year and is expected to be $32 billion this year, according to FactSet. Sales are expected to fall after that, the AP said.
More information
The U.S. Centers for Disease Control and Prevention has more on COVID-19 vaccines.
SOURCE: Associated Press
Source: HealthDay
Copyright © 2024 HealthDay. All rights reserved.
Related
-
Short-Term Hormone Therapy for Menopause Won’t Harm Women’s BrainsFour years of hormone replacement therapy to help women...
- November 22, 2024
-
Fibroids, Endometriosis Linked to Shorter Life SpansTwo conditions common during women’s childbearing years may increase...
- November 22, 2024
-
-120x134.jpg)
More Hot Flashes Could Mean Higher Odds for Type 2 DiabetesMenopausal women with frequent hot flashes and night sweats...
- November 4, 2024
-
Late-Life Menopause Linked to Higher Asthma RiskWomen who enter menopause at a later age have...
- October 30, 2024
