Bill Cassidy Leads Senate HELP Committee Hearing About The 340B Drug Pricing Program
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Yesterday’s Senate HELP Committee hearing confirmed what a growing body of evidence has shown: the 340B program is being exploited by large hospitals and it is driving up costs for patients, taxpayers and employers. Big hospitals are buying medicines at steep discounts and marking them up by 1,000% or more. If patients aren’t benefiting, where is the money going? Testimony from Dr. Aditi Sen of the nonpartisan Congressional Budget Office underscored that the 340B program incentivizes practices t
Yesterday’s Senate HELP Committee hearing confirmed wha…
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Rural hospitals and community health providers rely on the 340B drug pricing program to keep care affordable and accessible for patients in need. These savings allow providers to reduce prescription costs, expand services, and care for more Mainers. As we consider changes to the 340B program, we must preserve the flexibility that allows providers to use these savings to meet local needs, especially at a time when so many of our rural health providers are struggling. At a Health Committee hearing
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