+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The latest COVID-19 vaccines may only be available to highest-risk Americans as funding dries up, Politico reports

May 13, 2022, 20:40 IST
Business Insider
A doctor vaccinates a student with the Moderna COVID-19 vaccine,.Markus Schreiber/AP Photo
  • The next generation of COVID-19 vaccines may only be available to high-risk Americans as funding dries up, Politico reported.
  • "There's a great deal of concern that we're going to be caught shorthanded," a person close to the situation told Politico.
Advertisement

The next generation of COVID-19 vaccines may only be available to high-risk Americans as funding for the federal response to the pandemic is running out, according to a new report from Politico.

According to Politico reporter Adam Cancryn, the White House is considering rationing future versions of the COVID-19 vaccine — such as one that could be soon available to target the Omicron variant — as cash supplies dwindle.

According to a report from CNBC, the US currently does not have enough money to purchase a new round of vaccines, therapeutics, or testing methods to combat a potential future variant.

"There's a great deal of concern that we're going to be caught shorthanded," a source told Politico.

A representative for the Biden Administration did not immediately respond to Insider's request for comment.

Advertisement

The report says that as early as 2023, the White House could shift funding responsibilities to the private sector, with insurance companies covering the cost instead. But that could leave millions vulnerable if vaccines aren't fully covered for the uninsured.

Congress has been debating an additional $10 billion in funding for COVID-19 — but Republicans haven't supported the measure, putting the new injection of cash in peril.

Politico reported that GOP lawmakers are skeptical of the need for more funding for the virus.

In fact, according to the report, Republicans are waiting to see if Biden will end COVID-era border restrictions — which would allow more immigration at the country's southern border — before agreeing to another funding package.

Even so, if Congress does pass the new funding package, it will only be enough to keep some of the essential COVID-19 programs up and running, as at least half of the funds are owed to Pfizer for supplying 20 million doses of its antiviral treatment, a person familiar with the situation told Politico.

Advertisement
Next Article