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Trump Announces CVS, Walgreens Free Coronavirus Vaccines to Help Elderly People



Two major pharmacies will help spread a pending coronavirus vaccine to U.S. seniors once it becomes available, the Trump administration said Friday.

Health and Humanitarian Services Secretary Alex Hazard said in a Twitter post that the public-private partnership with CVS Health and Walgreens would specifically help residents of nursing homes receive free vaccinations.

Residents of all types of long-term care facilities will have access to the vaccine free of charge.

CVS and Walgreens will coordinate on-site clinic dates with facilities that are likely to include a total of three visits in two months.

Ticker Security Last Change Change%
CVS CVS HEALTH CORPORATION 59.59 +0.27 + 0.46%
WBA WALGREENS BOOTS ALLIANCE INC. 37.41
-0.23 -0.61%

PFIZER CAN APPLY FOR EMERGENCY USE OF COVID-19 VACCINE UNTIL LATE NOVEMBER

The White House is looking for ways to help cover the cost of a potential vaccine for Medicare beneficiaries, as the program does not cover drugs approved through emergency authorizations.

Medicare covers people aged 65 and over and younger people with disabilities.

Pfizer announced Friday that it could apply for emergency use – expecting safety results from the tests to be available in late November.

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