Sanders, the incoming chair of the Senate health committee, called a potential price increase for Moderna's Covid-19 vaccine "outrageous" in a letter to the company's CEO Stephane Bancel.
The federal government, which has handled procurement and distribution of the vaccines during the emergency phase of the pandemic, pays about $26 per vaccine dose. Sanders said raising vaccine prices would also have a negative effect on the budgets of Medicaid and Medicare, which will continue covering the vaccines at no cost to the programs' beneficiaries. Private health insurance premiums would also rise as a consequence of a vaccine price hike , Sanders wrote.told The Wall Street Journal on Monday
"I find your decision particularly offensive given the fact that the vaccine was jointly developed in partnership with scientists from the National Institutes of Health, a U.S. government agency that is funded by U.S. taxpayers," Sanders wrote to Bancel.
How else are they gonna afford the inevitable law suits?
I urge you dont hike..wink wink
But if they don't raise their prices, won't their stock stop going up? Before covid, Moderna's stock was $20 a share. Today, it is nearing $190. Moderna has a right to keep making this good-time easy money. This is America.