White House to announce additional $1 billion investment in rapid, at-home Covid tests

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NEW: Biden admin. to announce an additional $1B purchase of rapid, at-home coronavirus tests, tripling the number of at-home tests on the market by early November, according to a White House official.

The plan will triple the number of at-home tests on the market by early November and quadruple that number by December, giving the U.S. 200 million tests per month, according to the White House official.The White House will also announce Wednesday that it is doubling the number of pharmacies in the federal government's free testing program to 20,000 local pharmacies — an eight-fold increase from when President Joe Biden took office, the official said.

The $1 billion comes on top of an additional $2 billion the White House committed in September to provide free tests to organizations like schools, community health centers and long-term care facilities. The at-home tests enable people to perform a test on themselves and receive a result within a few minutes.“They need to be a whole lot cheaper. $25 each is too expensive for most people.

Carole Johnson, the White House testing director, said the announcement will “help to send a signal to manufacturers to ramp up production, and that’s why we’re confident here that we’ll see increased production.” “In the coming weeks all of the major impacts of these major investments and improvements will be visible,” she said.

The White House, she said, has also secured commitments from leading retailers to sell the tests at cost and they’re arranging for tests to be distributed through food banks and community health centers.Heidi Przybyla is an NBC News correspondent.

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