We have received text from H.R. 5448: Protecting Free Vaccines Act. This bill was received on 2025-09-18, and currently has 41 cosponsors.
Here is a short summary of the bill:
This bill, known as the "Protecting Free Vaccines Act," aims to ensure that certain vaccines recommended by the Advisory Committee on Immunization Practices (ACIP) are covered without any cost-sharing for individuals enrolled in various health programs. Here are the main provisions of the bill:
Coverage for Immunizations
The bill mandates that:
- Group health plans and health insurance providers must cover vaccines recommended by ACIP as of October 25, 2024, without imposing any out-of-pocket costs on the insured.
- This requirement applies to plan years that begin on or after the bill's enactment and will be in effect until January 1, 2030.
- Updates to vaccine recommendations or changes following FDA-approved updates are also included in the coverage requirements.
Specific Regulations
Several acts are amended to incorporate these coverage requirements:
- Public Health Service Act: Adds a section requiring that group health plans cover recommended immunizations without imposing cost sharing.
- Employee Retirement Income Security Act (ERISA): Similar amendments ensure that employer-sponsored health plans follow these coverage rules.
- Internal Revenue Code: Changes will classify these vaccinations as required coverage under group health plans.
- Medicare and Medicaid: The Social Security Act will be revised to denote these vaccination coverage requirements, including specific clauses for pregnant individuals and pediatric vaccines.
- Children's Health Insurance Program (CHIP): Expansion of coverage requirements for children, mandating the inclusion of necessary vaccines and their administration at no cost to the families.
Implementation Timeline
The provisions will be effective for vaccines recommended after the specified date, establishing a timeline that extends until the end of 2029. The law aims to protect against any changes in vaccine recommendations that occur after October 25, 2024, thereby preventing any removal of coverage for vaccines that are important for public health.
Exceptions
The bill specifies that coverage requirements do not apply if the immunization is administered during a period that does not meet the minimum interval established in existing health guidelines.
Impact on Public Health
The goal of the bill is to facilitate access to crucial vaccinations without cost barriers, which could potentially lead to increased vaccination rates and enhanced public health outcomes across various populations.
Relevant Companies
None found
Representative Frank Pallone, Jr. Bill Proposals
Here are some bills which have recently been proposed by Representative Frank Pallone, Jr.:
- H.R.5484: To reauthorize the National Flood Insurance Program, and for other purposes.
- H.R.5448: Protecting Free Vaccines Act
- H.R.4958: GRAS Act
- H.R.4898: Supporting Equity for Aquaculture and Seafood Act
- H.R.3701: Family Vaccine Protection Act
- H.R.2881: COAST Anti-Drilling Act of 2025
You can track bills proposed by Representative Frank Pallone, Jr. on Quiver Quantitative's politician page for Pallone.
Representative Frank Pallone, Jr. Net Worth
Quiver Quantitative estimates that Representative Frank Pallone, Jr. is worth $4.5M, as of October 1st, 2025. This is the 175th highest net worth in Congress, per our live estimates.
Pallone has approximately $354.0K invested in publicly traded assets which Quiver is able to track live.
You can track Representative Frank Pallone, Jr.'s net worth on Quiver Quantitative's politician page for Pallone.
Representative Frank Pallone, Jr. Stock Trading
We have data on up to $250.0K of trades from Representative Frank Pallone, Jr., which we parsed from STOCK Act filings. Some of the largest trades include:
- A September 25th, 2020 sale of up to $50K of $TXN. The stock has risen 32.83% since then.
- A September 25th, 2020 sale of up to $50K of $EL. The stock has fallen 59.05% since then.
- A August 11th, 2021 sale of up to $15K of $PM. The stock has risen 62.59% since then.
- A August 11th, 2021 sale of up to $15K of $C. The stock has risen 36.61% since then.
- A August 11th, 2021 sale of up to $15K of $CVX. The stock has risen 50.99% since then.
You can track Representative Frank Pallone, Jr.'s stock trading on Quiver Quantitative's politician page for Pallone.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
