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340B In The News
May 26, 2021
New Report Exposes Extreme Profit Retained from 340B Program by Covered Entities, Particularly for Oncology Medicines
Today, the Alliance for Integrity and Reform of 340B (AIR340B) released a new report by Health Capital Group that uncovered significant growth in sales within the 340B Drug Pricing Program, including a near 200% increase in hospital participation in the program over the last decade. The question that remains is whether this growth has benefited patients.
340B In The News
May 11, 2021
Congress should act on overwhelming support for changes to vital drug discount program
Over the last year, the pandemic has upended our normal lives, exacerbated health inequities, and tested the resiliency of our communities as we deal with the public health crisis and subsequent economic fallout. We have also seen a strong reliance on safety-net programs to stem the hardship faced by many Americans, making it all the more important for programs like the 340B Drug Pricing Program to work as intended: to serve as a vital safety-net for low-income, vulnerable, and uninsured patients to access the medicines they need. But a new poll found the majority of voters (70%) worry 340B is not working to benefit needy patients and that it is in dire need of reform.
340B In The News
April 2, 2021
“340B Drug Discount Program Should Be on GAO’s High-Risk List”
When a new Congress begins, the Government Accountability Office (GAO) releases its updated “High-Risk List” of programs and operations that are ‘high risk’ due to their vulnerabilities to fraud, waste, abuse, and mismanagement, or that need transformation. The 2021 version has 36 risk areas, including Department of Defense (DOD) Weapons Systems Acquisition, Medicare and Medicaid, and the National Flood Insurance Program.
340B In The News
March 30, 2021
New Poll: 86% of Voters Agree 340B Needs to Work Better for Patients
“The findings from this new poll are a stark reminder of the work we must do to save the 340B program – most importantly, to support the vulnerable and low-income communities that rely on it to help them access their medications. Through greater transparency, accountability, and oversight of the program, we can get 340B back on track so it fully benefits patients,” said former Illinois Congressman and AIR340B Spokesman Bob Dold.
340B In The News
January 25, 2021
“Congress Must Ensure Patients, Not Corporations, Benefit from 340B Drug Program”
With the expansion of coverage of healthcare in 2010 through the Affordable Care Act, much changed in our efforts to insure the uninsured.
340B In The News
December 7, 2020
“It’s time to reevaluate 340B intermediary relationships and ask who they serve”
Citing compliance concerns, specifically duplicate discounts, several drug manufacturers took steps to reduce contract pharmacy access to 340B-priced drugs. The move has caused an outcry from covered entities, many of which depend on contract pharmacies to expand patient access, particularly in rural areas.
340B In The News
November 17, 2020
“To Keep Drug Costs Down and Fairness Up, Stop the Abuses of 340B”
Alas, hospitals and pharmacies are abusing a federal program meant to help low-income patients. New research from consulting firm Berkeley Research Group reports that these bad actors are lining their own pockets with discounts on prescription drugs at the expense of millions of disadvantaged American patients.
340B In The News
November 17, 2020
“340B Program Should Be Kept & Corrected”
With the election behind us, I’m glad that our elected leaders can stop focusing on getting elected and start focusing on policy that effects the lives of everyday Americans. Earlier this year, Congressman Tom O’Halleran, along with several of his colleagues, sent a letter to Secretary Azar of Health and Human Services regarding the 340b program.