$44 billion in drugs that help Americans are purchased through a little-known federal discount program called 340B. The program is recognized for successfully helping hospitals, community health centers and others that fund care for low-income patients. But that program is now facing big challenges from drugmakers, and the current government shutdown has brought new uncertainty. Reporters William Newton, 340B Report and David Lim, POLITICO, sit down with our hosts to explain how what began as a
$44 billion in drugs that help Americans are purchased throug…
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The federal 340B program requires drug makers to sell their products to some hospitals at a discount. Hospitals and contract pharmacies can then resell them and pocket the difference. It’s a case of the government picking winners (hospitals) and losers (drug manufacturers) among private market participants. Hospitals argue that they need the money to help patients. That is, they use the extra revenue from the program to cut costs or provide free care for those in need. But Jarrett Skorup of the
The federal 340B program requires drug makers to sell their products …
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FacebookThe Mackinac Center for Public Policy
The federal 340B program requires drug makers to sell their products to some hospitals at a discount. Hospitals and contract pharmacies can then resell them and pocket the difference. It’s a case of the government picking winners (hospitals) and losers (drug manufacturers) among private market participants. Hospitals argue that they need the money to help patients. That is, they use the extra revenue from the program to cut costs or provide free care for those in need. But Jarrett Skorup of the
The federal 340B program requires drug makers to sell their products …
475 views1 month ago
FacebookThe Mackinac Center for Public Policy
Nebraska governor signs 340B drug pricing protection bill into law
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