The National Childhood Vaccine Injury Act (NCVIA) of 1986 (42 U.S.C. §§ 300aa-1 to 300aa-34) was signed into law by United States President Ronald Reagan as part of a larger health bill on Nov 14, 1986. NCVIA’s purpose was to eliminate the potential financial liability of vaccine manufacturers due to vaccine injury claims in order to ensure a stable market supply of vaccines, and to provide cost-effective arbitration for vaccine injury claims. Under the NCVIA, the National Vaccine Injury Compensation Program (NVICP) was created to provide a federal no-fault system for compensating vaccine-related injuries or death by establishing a claim procedure involving the United States Court of Federal Claims and special masters. As of October 2019, $4.2 Billion in compensation (not including attorneys fees and costs) has been awarded.
“President Reagan today signed a comprehensive health bill designed to promote exports of prescription drugs and to compensate children injured by vaccines.
Mr. Reagan said he had approved the bill ”with mixed feelings” because he had ”serious reservations” about the vaccine compensation program.”
The year was 1986.