Vaccine Pricing

Announcement

CMS monitors the public domain and looks for alerts from CDC for new vaccine products. When a new product enters the market, manufacturers should notify CMS at sec303aspdata@cms.hhs.gov.

Medicare Part B covers the following types of vaccines and their administration:

  • Preventive vaccines specified in statute: Examples include the Influenza, COVID-19, Pneumococcal, and Hepatitis B vaccines, which are used to prevent illness
  • Vaccines used for treatment: Examples include the Tetanus, Rabies, and Hepatitis A vaccines, which are used as treatment after exposure to an illness
     

Table 1: Information on Payment for Part B Vaccine Products

VaccinePayment MethodologyTimingAdditional Information
Influenza•    95% of the Average Wholesale Price (AWP)
    In certain settings, such as in hospital outpatient departments, hospital based Rural Health Clinics (RHC), and Federally Qualified Health Clinics (FQHC), payment is based on reasonable cost.
 
Payment limits are established annually and are effective from August 1 to July 31 of the following year.Visit the Seasonal Influenza section below for more information.
COVID-19•    95% of AWP
•    In certain settings, such as in hospital outpatient departments, hospital based RHCs, and FQHCs, payment is based on reasonable cost.
 
Payment limits are updated annually.Visit the COVID-19 section below for more information.
 
Pneumococcal•    95% of AWP
•    In certain settings, such as in hospital outpatient departments, hospital based RHCs, and FQHCs, payment is based on reasonable cost.
 
Payment limits updated quarterly.Refer to the Average Sales Price (ASP) pricing files for current payment limits.
Hepatitis B•    95% of AWP
•    In certain settings, such as in hospital outpatient departments, hospital based RHCs, and FQHCs, payment is based on reasonable cost.
 
Payment limits updated quarterly.Refer to the ASP pricing files for current payment limits.
 
Vaccines Used for TreatmentGenerally, 106 percent of ASPPayment limits updated quarterly.Refer to the ASP pricing files for current payment limits.

2025 Geographically-Adjusted Payment Rates for Influenza, Pneumococcal, Hepatitis B and COVID-19 Vaccine Administration & In-Home Additional Payment  (ZIP) [For claims with dates of service 1/1/2025-12/31/2025]

Seasonal Influenza Vaccine Pricing

Part B deductibles and coinsurance don’t apply for flu vaccine products or their administration. With respect to vaccine products, all providers and suppliers must accept assignment on the claim. The annual flu vaccine season is August 1 through July 31 of the following year. Visit Flu Shots for more information about the frequency, coverage, billing, and coding for flu vaccines.



COVID-19 Vaccines & Monoclonal Antibodies

This section provides the payment allowances and other related information for COVID-19 vaccines and certain monoclonal antibody products. View the COVID-19 provider toolkit for more information about Medicare and COVID-19 during and after the PHE.






Page Last Modified:
11/26/2025 02:20 PM