Vaccine Injury Compensation Modernization Act of 2023

This bill modernizes the federal Vaccine Injury Compensation Program (VICP) by increasing the minimum number of special masters from 8 to 10 to reduce processing delays. It raises compensation for vaccine-related death and pain/suffering to $600,000 in 2021, adjusted annually for inflation via the Consumer Price Index. The statute of limitations for filing claims is extended from 36 months to 5 years, and it mandates adding COVID-19 vaccines to the Vaccine Injury Table while transferring all pending claims to the VICP. These changes directly affect individuals seeking compensation for alleged vaccine injuries by improving program efficiency and updating financial protections.