October 16, 2020, Alex Spanko, Skilled Nursing News - Retail pharmacy heavyweights Walgreens Boots Alliance (Nasdaq: WBA) and CVS Health (NYSE: CVS) have entered into agreements with the federal government to distribute the eventual COVID-19 vaccine to nursing home residents at no cost, President Trump announced — and Reuters reported — Friday.
“Today, I’m thrilled to announce that we have just finalized a partnership with CVS and Walgreens — two places you know pretty well, I guess — to immediately deliver the vaccine directly to nursing homes at no cost to our seniors. No cost,” the president said at an event in Fort Myers, Fla.
The plan will cover seniors in a range of congregate care settings, including nursing homes, assisted living facilities, residential care properties, and adult care homes, according to the Reuters report.
That group will remain prioritized until there is a sufficient number of vaccines to supply every American who wants one, the Department of Health and Human Services (HHS) told the news agency in a statement.
“These are very effective,” Trump said during the event. “Once you have that vaccine, you can open those doors and say: ‘Here I am.'”
The deal will kick in once the government authorizes a safe and effective vaccine, Reuters noted.