{"id":8811,"date":"2021-04-21T18:00:04","date_gmt":"2021-04-21T18:00:04","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=8811"},"modified":"2021-04-21T17:11:17","modified_gmt":"2021-04-21T17:11:17","slug":"sas-vaccine-compensation-fund-could-cost-r250m-in-first-year-mkhize","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-vaccine-compensation-fund-could-cost-r250m-in-first-year-mkhize","title":{"rendered":"SA’s vaccine compensation fund could cost R250m in first year – Mkhize"},"content":{"rendered":"

Africa-Press<\/a> – South-Africa<\/a>. <\/strong><\/span>Cape Town – The government’s compensation fund to cover potential injuries from Covid-19 vaccines could cost around R250 million in the first year, the health minister said in response to questions in Parliament.<\/p>\n

The African country hardest-hit by the coronavirus pandemic in terms of infections and deaths told vaccine manufacturers Johnson & Johnson and Pfizer it would set up the fund during negotiations to buy shots.<\/p>\n

“A contingent liability of approximately R250 million for the first year would be provided for compensation of vaccine injury in a Covid-19 Vaccine NFC (no-fault compensation) Fund,” Health Minister Zweli Mkhize said in written replies to a lawmaker.<\/p>\n

Mkhize said the potential cost was based on an estimate of between 800 and 2 000 successful claims and included the administrative costs of the fund. He said a committee of experts would develop a vaccine injury table to assess compensation applications.<\/p>\n

The minister said last week that the government had agreed to fully indemnify J&J and Pfizer against third-party claims and that vaccine manufacturers had made “difficult and sometimes unreasonable” demands during negotiations including non-refundable downpayments.<\/p>\n

A J&J spokeswoman said on Monday that the company was still in talks with the government and was committed to making its vaccine available at a not-for-profit price.<\/p>\n

Pfizer did not immediately respond to a request for comment on Monday but told Reuters last week it sought indemnity and liability protections in all its agreements, consistent with local laws.<\/p>\n

J&J and Pfizer will supply South Africa with a combined 61 million vaccine doses, helping to ramp up immunisations after a slow start.<\/p>\n

To date, South Africa has vaccinated roughly 290 000 health workers with J&J’s one-dose vaccine in a research study, but last week it paused the study while regulators interrogate a possible link between J&J’s vaccine and rare cases of blood clots.<\/p>\n

The government expects the first commercial batch of J&J doses later this month and doses of Pfizer’s two-shot vaccine next month.<\/p>\n

Between the J&J and Pfizer deals, the country has secured enough vaccines for 46 million of its roughly 60 million people.<\/p>\n

In the 2021 budget presented in February, the government said it could spend up to R19.3 billion over three fiscal years on its vaccination programme.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. Cape Town – The government’s compensation fund to cover potential injuries from Covid-19 vaccines could cost around R250 million in the first year, the health minister said in response to questions in Parliament. The African country hardest-hit by the coronavirus pandemic in terms of infections and deaths told vaccine manufacturers Johnson & […]<\/p>\n","protected":false},"author":84,"featured_media":8810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12],"tags":[274,315,275],"class_list":["post-8811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nSA's vaccine compensation fund could cost R250m in first year - Mkhize - South Africa<\/title>\n<meta name=\"description\" content=\"Cape Town - The government's compensation fund to cover potential injuries from Covid-19 vaccines could cost around R250 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/sas-vaccine-compensation-fund-could-cost-r250m-in-first-year-mkhize\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA's vaccine compensation fund could cost R250m in first year - 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