This week, the Centers for Medicare and Medicaid Services (CMS) released a new update to the coverage and reimbursement of COVID-19 vaccines, vaccine administration and cost sharing under Medicaid, the Children’s Health Insurance Program, and the Basic Health Program Toolkit that was originally released on October 28 and first updated on November 23. This update includes additional information regarding vaccine administration reimbursement and outlines a streamlined review process that is available to states who are looking to expeditiously adjust vaccine administration reimbursement rates in their state plan.

CMS has also updated the toolkit with further clarification regarding managed care network adequacy and the phased distribution and administration of the Pfizer-BioNTech and other emergency use authorization (EUA) approved COVID-19 vaccines.