WEBVTT - How Companies Are Lining Up Shots for Workers

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<v Speaker 1>Welcome to Prognosis. I'm Laura Carlson. It's day two hundred

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<v Speaker 1>and seventy nine since coronavirus was declared a global pandemic.

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<v Speaker 1>Today's main story. Right now, vaccines are being administered to

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<v Speaker 1>select people throughout US hospitals and healthcare systems, but companies

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<v Speaker 1>are preparing for the moment the shots are more widely

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<v Speaker 1>available and getting ready for the challenge of vaccinating millions

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<v Speaker 1>of workers. But first, here's what happened in virus news today.

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<v Speaker 1>Maderna's COVID nineteen vaccine is expected to gain clearance from

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<v Speaker 1>the Food and Drug Administration as soon as today. That's

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<v Speaker 1>after a panel of outside advisors backed authorizing the drug

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<v Speaker 1>yesterday in a twenty zero vote with one abstention. F

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<v Speaker 1>d A Commissioner Stephen Hahn said that the agency will

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<v Speaker 1>work quickly toward authorizing the vaccine. The European Commission has

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<v Speaker 1>doubled its order of Madernas shots to one hundred and

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<v Speaker 1>sixty million doses. The first COVID nineteen shots have already

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<v Speaker 1>been given to more than one point one million people

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<v Speaker 1>in four countries, according to data collected by Bloomberg. It's

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<v Speaker 1>the start of the biggest vaccination campaign in history and

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<v Speaker 1>one of the largest logistical challenges ever undertaken. The Fiser

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<v Speaker 1>bio en tech vaccine was rolled out this week beginning

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<v Speaker 1>with healthcare workers, and twenty four states reported the first

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<v Speaker 1>forty nine thousand, five hundred and sixty seven doses administered.

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<v Speaker 1>Those numbers are expected to surge in coming days as

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<v Speaker 1>more states work through their early allocation of shots and

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<v Speaker 1>begin to report their numbers. Finally, some U s States

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<v Speaker 1>say the federal government has cut their allocations of the

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<v Speaker 1>Fiser vaccine for next week without explanation. Oregon's allotment of

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<v Speaker 1>FISER doses for next week was cut by forty according

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<v Speaker 1>to Governor Kate Brown in a tweet on Thursday evening.

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<v Speaker 1>Washington State had been expecting more than seventy four thousand

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<v Speaker 1>doses of the shot for next week, but Operation warp Speed,

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<v Speaker 1>the US Vaccine Development Program told them the state would

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<v Speaker 1>receive forty four thousand, eight hundred and fifty instead. Before

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<v Speaker 1>the Fiser vaccine began to roll out this week, states

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<v Speaker 1>reported widespread confusion and frequently changing estimates for how many

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<v Speaker 1>doses they should expect. In a statement on Thursday, Washington

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<v Speaker 1>State officials said they were not given an explanation as

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<v Speaker 1>to why the state's allocation was reduced, and they don't

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<v Speaker 1>know how much they'll be allocated beyond next week. And

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<v Speaker 1>now for today's main story, US companies are taking some

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<v Speaker 1>of the first concrete steps to prepare for the unprecedented

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<v Speaker 1>and complex task of distributing hundreds of millions of doses

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<v Speaker 1>to the American workforce. For some, that means procuring deep

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<v Speaker 1>freezers to store vaccines or setting up health clinics at

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<v Speaker 1>their facilities. Others are weighing whether to require vaccination for

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<v Speaker 1>employees returning to in person work. Several industries are lobbying

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<v Speaker 1>to get their workers near the front of the line

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<v Speaker 1>after the first doses go to healthcare workers and nursing

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<v Speaker 1>home residents. I spoke to Ryan be about a crucial

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<v Speaker 1>vector for vaccine distribution the American workplace. So, Ryan, what

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<v Speaker 1>are some of the companies or even industries that have

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<v Speaker 1>discussed that they may make vaccines available to their employees

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<v Speaker 1>and how exactly are they going to be doing this.

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<v Speaker 1>It's still very much a working problem, if you will,

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<v Speaker 1>but you know, some companies have started to take some

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<v Speaker 1>of the first concrete steps to to prepare for their turn,

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<v Speaker 1>if you will, UM in the vaccine distribution process. So

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<v Speaker 1>Ford Motor Company has gone out and purchased about a

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<v Speaker 1>dozen UH ultra cold deep freezers that are capable of

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<v Speaker 1>storing the Maderna and Visor vaccines at like Arctic like

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<v Speaker 1>temperatures of negative seventy degrees celsius negative forty degrees celsius um,

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<v Speaker 1>and they're keeping them in their facilities for the eventual

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<v Speaker 1>point at which they will be able to distribute the

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<v Speaker 1>vaccine to their workers. Standards and Farms, one of the

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<v Speaker 1>largest poultry producers, they've already set up health clinics to UH,

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<v Speaker 1>you know, provide COVID testing for their workers at their

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<v Speaker 1>UH at their facilities, and right now they p in

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<v Speaker 1>to administer vaccines at those facilities to for employers who

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<v Speaker 1>want them. And UH A lot of companies that we

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<v Speaker 1>spoke to said that, you know, they were reluctant to comment,

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<v Speaker 1>and they declined to comment just because they're still trying

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<v Speaker 1>to figure this out. There's still a lot of work

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<v Speaker 1>that needs to happen at the federal and state levels

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<v Speaker 1>UH to you know, provide companies with additional clarity about

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<v Speaker 1>when they might have access to vaccines for their workers,

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<v Speaker 1>how they will receive those vaccines. A lot of companies

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<v Speaker 1>are still waiting to see sort of how these pieces

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<v Speaker 1>all come together to figure out how they fit in.

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<v Speaker 1>I mean, do these companies, whether or not they've announced

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<v Speaker 1>any formal plan of distributing or making these vaccines available.

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<v Speaker 1>Have these companies announced any timeline as far as when

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<v Speaker 1>they expect to receive doses of these vaccines or even

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<v Speaker 1>to make these plans in effect or essentially roll out

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<v Speaker 1>these plans um I assume in not really Actually the

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<v Speaker 1>companies that do talk about their plans, they what they

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<v Speaker 1>lack is UH clarity in terms of timing, And I

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<v Speaker 1>think that's a reflection of the lack of clarity in

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<v Speaker 1>terms of timing and availability that we're seeing from the

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<v Speaker 1>federal level. As these vaccines continue to go through the

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<v Speaker 1>FDA approval process, and as the FDA advisory committee that

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<v Speaker 1>creates recommendations about which groups of society, which UH segments

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<v Speaker 1>of the workforce, which portions of the population UH should

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<v Speaker 1>receive priority for whichever vaccines become available. Keep in mind

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<v Speaker 1>that right now, UH that advisory board has basically only

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<v Speaker 1>set recommendations for the very very first UH distributions of vaccines,

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<v Speaker 1>which they've said should go to healthcare workers at risk

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<v Speaker 1>health care workers and UH folks in long term care

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<v Speaker 1>facilities like nursing homes, where we saw some of the biggest,

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<v Speaker 1>most deadly outbreaks early on in the pandemic. As more

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<v Speaker 1>vaccines go through that process, UH, I think we'll have

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<v Speaker 1>a better sense and I think companies will have a

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<v Speaker 1>better sense of the timing of the distribution. Now in

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<v Speaker 1>addition to timelines, and you already mentioned a little bit

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<v Speaker 1>in terms of the actual equipment and logistics needed for

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<v Speaker 1>storing and and even distributing these vaccines. I mean, Fiser's

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<v Speaker 1>vaccine into itself requires quite low temperatures that a normal

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<v Speaker 1>refrigerator cannot really accommodate. So I was wondering just if

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<v Speaker 1>you might go into some of the specifics about the

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<v Speaker 1>equipment that is needed to store this vaccine by a company,

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<v Speaker 1>how they are acquiring the special equipment, which understandably is

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<v Speaker 1>going to be quite in demand over the next coming months. Sure,

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<v Speaker 1>I spoke to UH an executive at a smaller UH

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<v Speaker 1>specialty freezer manufacturer in Cincinnati, Ohio. They're working around the

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<v Speaker 1>clock to fulfill you know, skyrocketing demand for their specialty

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<v Speaker 1>ultric cold freezers. That's the sort of the term of

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<v Speaker 1>art for these types of specialty freezers that are needed

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<v Speaker 1>to store the Fiser and Madurana vaccines. So he's seen

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<v Speaker 1>you know demand you know, uh to go through the

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<v Speaker 1>roof for these devices. Um, even from companies that that

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<v Speaker 1>never needed these types of freezers before. Mom and pop pharmacies, Uh,

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<v Speaker 1>small independent corner pharmacies that aren't part of the big

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<v Speaker 1>chains like CBS, right or Walgreens are ordering these at

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<v Speaker 1>a fairly rapid clip because you know, they anticipate being

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<v Speaker 1>part of the distribution process as well at some point. Uh.

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<v Speaker 1>Most of the demand that he's seen is coming from

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<v Speaker 1>hospital systems obviously, labs, um, you know, big pharmacy chains, etcetera.

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<v Speaker 1>Are some companies or industries in particular trying to say,

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<v Speaker 1>move to the front of the line, maybe get the

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<v Speaker 1>vaccine sooner than others. And I'm wondering if this is

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<v Speaker 1>particularly the case for industries that have been hard hit

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<v Speaker 1>by the pandemic. Um. We haven't talked about it yet,

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<v Speaker 1>but let's say the airlines or even those in the

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<v Speaker 1>food industry. Yeah, no, you hit on two of the

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<v Speaker 1>primary groups that we've seen advocate for getting I don't

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<v Speaker 1>want to say the front of the line, because pretty

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<v Speaker 1>much everyone agrees that the front of the line is

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<v Speaker 1>are are healthcare workers and long term care residents are

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<v Speaker 1>the front of the line. UM. But we are seeing

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<v Speaker 1>you know, some you know, some industries advocate to get

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<v Speaker 1>their workers nearer to the front of the line. Uh,

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<v Speaker 1>particularly those in the food industry. We've seen both lobbying organizations,

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<v Speaker 1>trade associations, and unions all advocating to get for example,

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<v Speaker 1>meat packing workers to get them priority status because they

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<v Speaker 1>are front line essential workers. We've seen the same from airlines.

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<v Speaker 1>The primary trade association for UH big airlines like Southwest

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<v Speaker 1>Airlines and UH and and Delta for example. They've they've urged,

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<v Speaker 1>you know, federal policymakers to you know, treat front line

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<v Speaker 1>airline workers like flight attendants and pilots and gate agents

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<v Speaker 1>and everything like that, uh, you know, as essential workers

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<v Speaker 1>to get them priority for a vaccine. UM. A lot

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<v Speaker 1>of the activity, as you point out, though, has come

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<v Speaker 1>from the food sector. I mean there are keep in mind,

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<v Speaker 1>UH meat packing plants in particular, where some of the

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<v Speaker 1>hardest hit workers and and and workplaces. Early on in

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<v Speaker 1>the pandemic, we saw you know, multiple shutdowns and big

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<v Speaker 1>outbreaks at at major meat processing facilities that created the

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<v Speaker 1>potential for food shortages. So yeah, organizations that represent workers

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<v Speaker 1>in those groups and are are definitely advocating to get

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<v Speaker 1>their workers, uh, you know, a priority status for vaccine

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<v Speaker 1>distribution as soon as possible. So one angle to companies

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<v Speaker 1>making a vaccine available to their employees might be that

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<v Speaker 1>they will require employees to receive the vaccine. Have you

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<v Speaker 1>heard about anything along those lines in terms of a

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<v Speaker 1>requirement for employees to get vaccinated. So it's kind of

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<v Speaker 1>a tricky situation. Um, so let's just take us to

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<v Speaker 1>up back. So, you know, polling has shown that there's

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<v Speaker 1>actually a pretty significant degree of apprehension or reluctance among

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<v Speaker 1>Americans to actually, you know, get this vaccine once it's available.

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<v Speaker 1>So if you couple that with you know, companies trying

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<v Speaker 1>to you know, consider whether or not they need to

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<v Speaker 1>make it a requirement of employment. If companies are going

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<v Speaker 1>to mandate that their workers get a vaccine, I mean,

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<v Speaker 1>you know, companies can't run the risk of losing a

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<v Speaker 1>lot of their workers if that reluctance or apprehension sort

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<v Speaker 1>of hardens into an outright refusal to receive the vaccine. Right, So, uh,

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<v Speaker 1>companies buy and large that that that that we've spoken

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<v Speaker 1>to anyway, and employer groups that we've spoken to have

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<v Speaker 1>said that most employers are not going to make it mandatory,

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<v Speaker 1>They're gonna make it voluntary, but strongly encourage their employees

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<v Speaker 1>to get this vaccine. UM and some companies are going

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<v Speaker 1>to sort of lead by example. UM Delta Airline CEO

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<v Speaker 1>At Bastion said on NBC's Today Show that you know,

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<v Speaker 1>he can't wait to get a vaccine, So you're hearing

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<v Speaker 1>some messaging like that from the c suite at at

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<v Speaker 1>lots of companies. The CEO of Sanderson Farms said that,

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<v Speaker 1>you know, he plans to get vaccinated on video and

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<v Speaker 1>then share that video with company employees to encourage them

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<v Speaker 1>to do the same. And some of the experts that

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<v Speaker 1>I've spoken to said that, you know, that's a really

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<v Speaker 1>important part of what companies need to do in terms

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<v Speaker 1>of educating and messaging and leading by example to make

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<v Speaker 1>sure that you know that that folks actually do go

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<v Speaker 1>ahead and get vaccinated. So Ryan, finally, you know, we've

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<v Speaker 1>largely been talking about companies that are either national or

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<v Speaker 1>even international that have the resources to either acquire and

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<v Speaker 1>or distribute vaccines to their employees or even beyond. But

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<v Speaker 1>does perhaps edge out smaller companies from from getting the

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<v Speaker 1>vaccine as quickly or what have you heard about smaller

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<v Speaker 1>companies in terms of potentially getting ready for the availability

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<v Speaker 1>of a vaccine? Well, I mean it certainly could. I

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<v Speaker 1>mean keep in mind a lot of the stuff we

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<v Speaker 1>still have to see how it all plays out. But

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<v Speaker 1>you know that being said, uh, it's it's it's a

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<v Speaker 1>really big challenge for small businesses. I mean especially small

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<v Speaker 1>small businesses like restaurants, independent bars, um, you know, just

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<v Speaker 1>you know, with a few dozen employees or twenty employees.

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<v Speaker 1>I mean, they don't have the kind of uh, you know,

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<v Speaker 1>lobbying budgets that big companies do to go talk to

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<v Speaker 1>the f d A and you know, send letters and

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<v Speaker 1>and and do all of the advocacy that a lot

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<v Speaker 1>of the big companies are doing right now, particularly in

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<v Speaker 1>the food industry and the airline industry that we've mentioned earlier,

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<v Speaker 1>to you know, advocate for their workers to get front

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<v Speaker 1>of the line status. There are trade associations that are

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<v Speaker 1>doing that in there are small business groups that are

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<v Speaker 1>trying to represents it, uh, you know, these smaller employers

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<v Speaker 1>to make sure that they're not overlooked and to make

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<v Speaker 1>sure that the vaccine distribution plan is equitable. But yeah,

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<v Speaker 1>it's a challenge. I mean, these smaller companies have had

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<v Speaker 1>to deal with you know, potential you know, outbreaks among

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<v Speaker 1>their workforce and you know, particularly the bar and restaurant industry.

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<v Speaker 1>I mean, I'm sure this the situation is is the same,

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<v Speaker 1>you know, nationally, but it's just a huge challenge for

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<v Speaker 1>these business operators to you know, manage all of this

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<v Speaker 1>with capacity restrictions and limited indoor dining and so adding

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<v Speaker 1>on top of that this question about how they as

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<v Speaker 1>employers can make a vaccine available to their workers. It's

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<v Speaker 1>just it's it's tough. That was Ryan b and that's

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<v Speaker 1>it for our show today. For coverage of the outbreak

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<v Speaker 1>from one twenty bureaus around the world, visit Bloomberg dot

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<v Speaker 1>com slash coronavirus and if you like the show, please

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<v Speaker 1>leave us a review and a rating on Apple Podcasts

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<v Speaker 1>or Spotify. It's the best way to help more listeners

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<v Speaker 1>find our global reporting. The Prognosis Daily edition is produced

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<v Speaker 1>by Tophor Foreheads Jordan Gaspore, Magnus Henriksson and me Laura Carlson.

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<v Speaker 1>Today's main story was reported by Ryan Bean, original music

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<v Speaker 1>by Leo Sedrin. Our editors are Rick Shine and Francesca Levi.

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<v Speaker 1>Francesca Levi is Bloomberg's head of podcasts. Thanks for listening.