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CMS NEWS
FOR IMMEDIATE RELEASE Contact: CMS Media Relations CMS Takes
Steps to Ensure Medicare Beneficiaries Have Wide Access to COVID-19 Antibody
Treatment Coverage
Available at No Cost to Beneficiaries Across Variety of Settings in Health
Care System The Centers for Medicare & Medicaid Services announced that
starting today, Medicare beneficiaries can receive coverage of monoclonal
antibodies to treat coronavirus disease 2019 (COVID-19) with no cost-sharing
during the public health emergency (PHE). CMS’ coverage of monoclonal
antibody infusions applies to bamlanivimab, which received an emergency use
authorization (EUA) from the U.S. Food and Drug Administration yesterday. “Today, CMS is announcing a historic, first-of-its
kind policy that drastically expands access to COVID-19 monoclonal
antibodies to beneficiaries without cost sharing,” said CMS Administrator
Seema Verma. “Our timely approach means beneficiaries can receive these
potentially life-saving therapies in a range of settings – such as in a
doctor’s office, nursing home, infusion centers, as long as safety
precautions can be met. This aggressive action and innovative approach will
undoubtedly save lives.” CMS anticipates that this monoclonal antibody product will
initially be given to health care providers at no charge. Medicare will not
pay for the monoclonal antibody products that providers receive free but
today’s action provides for reimbursement for the infusion of the product.
When health care providers begin to purchase monoclonal antibody
products, Medicare anticipates setting the payment rate in the same way it
set the payment rates for COVID-19 vaccines, such as based on 95% of the
average wholesale price for COVID-19 vaccines in many provider settings. CMS
will issue billing and coding instructions for health care providers in the
coming days. CMS anticipates the announcement today will allow for a broad
range of providers and suppliers, including freestanding and hospital-based
infusion centers, home health agencies, nursing homes, and entities with whom
nursing homes contract, to administer this treatment in accordance with the
EUA, and bill Medicare to administer these infusions. Under section 6008 of the Families First Coronavirus Response
Act (FFCRA), state and territorial Medicaid programs may receive a temporary
6.2 percentage point increase in the Federal Medical Assistance Percentage
(FMAP), through the end of the quarter in which the COVID-19 PHE ends. A
condition for receipt of this enhanced federal match is that a state or
territory must cover COVID-19 testing services and treatments, including
vaccines and their administration, specialized equipment, and therapies for
Medicaid enrollees without cost sharing. This means that this monoclonal
antibody infusion is expected to be covered when furnished to Medicaid
beneficiaries, in accordance with the EUA, during this period, with limited
exceptions. To view the Monoclonal Antibody COVID-19 Infusion Program
Instruction, visit: https://www.cms.gov/files/document/covid-medicare-monoclonal-antibody-infusion-program-instruction.pdf ### Get CMS
news at cms.gov/newsroom, sign up for CMS news via email and follow CMS on Twitter CMS
Administrator @SeemaCMS and @CMSgov |
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To be a Medicare Agent's source of information on topics affecting the agent and their business, and most importantly, their clientele, is the intention of this site. Sourced from various means rooted in the health insurance industry - insurance carriers, governmental agencies, and industry news agencies, this is aimed as a resource of varying viewpoints to spark critical thought and discussion. We welcome your contributions.
Tuesday, November 10, 2020
CMS NEWS: CMS Takes Steps to Ensure Medicare Beneficiaries Have Wide Access to COVID-19 Antibody Treatment
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