Advertisement

COVID-19 Federal Responses: Thursday, July 2, 2020

COVID-19 Federal Responses: Thursday, July 2, 2020
Key points in this update:

  • The Paycheck Protection Program (PPP) has been extended until August 8 to give businesses more time to apply for the remaining $130 billion in unspent PPP funding.
  • HHS Secretary Alex Azar is expected to renew the COVID-19 public health emergency (PHE) before it expires in July. The PHE declaration authorizes many of the regulatory flexibilities that have been implemented in response to the pandemic to continue.
  • The FDA issued guidelines for how it will approve COVID-19 vaccines. NIAID Director Dr. Anthony Fauci continues to express optimism that a vaccine will be available by the end of the year, but has also said he worries that the first vaccines will not be effective enough to produce herd immunity.

Congress

  • The House and Senate both passed legislation to extend the application deadline for the Paycheck Protection Program (PPP) until August 8. The Small Business Administration (SBA) has about $130 billion in unspent PPP funding available. Extending the application deadline gives businesses more time to apply for the unused PPP funding.
  • The Senate Health, Education, Labor and Pensions (HELP) Committee held a hearing on reopening businesses and schools. The public health officials warned the recent spikes in cases could threaten reopening efforts and reiterated the importance of wearing masks to prevent the spread of the virus. 

White House and Federal Agencies

  • Department of Health and Human Services (HHS) Secretary Alex Azar is expected to renew the COVID-19 public health emergency (PHE) before it expires in July. The PHE declaration authorizes many of the regulatory flexibilities that have been implemented in response to the pandemic to continue.
  • President Trump signed an Executive Order suspending the issuance of certain types of visas through the end of 2020.
  • HHS is warning that the coronavirus pandemic is causing a spike in opioid deaths.
  • Treasury Secretary Steven Mnuchin said the Treasury Department may consider a second tax filing extension that would push the deadline to file taxes back from July 15 to September 15.
  • The Centers for Medicare and Medicaid Service (CMS) posted additional Frequently Asked Questions (FAQs) to aid state Medicaid and Children’s Health Insurance Program (CHIP) agencies in their response to the COVID-19 pandemic. They also posted a standalone document containing only the new questions.
  • The Federal Communications Commission is redirecting about $200 million in unspent funding from various programs towards its rural broadband infrastructure program.

Centers for Disease Control and Prevention

Reopening, Testing and Vaccines

  • HHS announced that it secured over 500,000 treatment courses of the COVID-19 treatment remdesivir. HHS will provide the drug at cost to hospitals for about $3,200 per treatment course. HHS secured over 90% of the immediate supply of the drug for the United States.
  • The U.S. Food and Drug Administration (FDA) issued guidelines for how it will approve COVID-19 vaccines. National Institute of Allergy and Infectious Diseases (NIAID) Director Dr. Anthony Fauci continues to express optimism that a vaccine will be available by the end of the year. However, he also said he worries that the first vaccines will not be effective enough to produce herd immunity.
  • More data has been released about dexamethasone’s effectiveness as a COVID-19 treatment. Dexamethasone is a commonly used steroid that has shown promise as a treatment for severe COVID-19 symptoms in preliminary research. The new data reaffirms optimism that it can be an effective treatment for severe cases; however, more research is needed.
  • A vaccine under development by Pfizer showed promising initial results and could be ready for distribution before the end of the year.
  • HHS, the Department of Labor (DOL) and the Department of Homeland Security (DHS) published new guidance for safely resuming air travel.
  • The American Medical Association (AMA) created a new CPT code for antigen testing.
  • The European Union (EU) bans travelers from the United States.

.greenbox{
border-radius: 15px;
background: #e0f2d8;
line-height: 1.7em;
margin-bottom: 30px;
padding: 20px;
}

Advertisement