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New Vaccine Taxation Rules: Impact on Access and Finances.

This act expands the list of vaccines subject to a special tax that funds a compensation program for potential vaccine-related injuries. This means more vaccines recommended for children and pregnant women will be covered by this system, potentially affecting their cost while strengthening the support system for health issues after vaccination.
Key points
Expanded Taxable Vaccine List: New vaccines recommended for children and pregnant women will be taxed.
Compensation Fund: The tax contributes to a fund that provides compensation for vaccine-related injuries.
Potential Price Impact: A possible slight increase in the cost of newly taxed vaccines.
Notifications: The government will notify about the addition of new vaccines to the taxable list.
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Additional Information
Print number: 117_S_3087
Sponsor: Sen. Casey, Robert P., Jr. [D-PA]
Process start date: 2021-10-27