On the recordJuly 10, 2018
The 340B Drug Pricing Program was created by Congress in 1992. It helps safety net providers care for their most vulnerable patients and afford drugs that would otherwise be out of reach.
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congress.govThe 340B Drug Pricing Program was created by Congress in 1992. It helps safety net providers care for their most vulnerable patients and afford drugs that would otherwise be out of reach.
Gene Green emphasizes the importance of the 340B program for vulnerable patients.
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The enactment of the 21st Century Cures in December of 2016 was a great achievement, particularly in a time of sharp partisanship and gridlock.
But the work started long before 2016 led by colleagues Fred Upton and Congresswoman Diane DeGette.
GAO studies have confirmed that large and covered entities use these savings to provide more care to more patients, including medications that otherwise would be unaffordable to those who serve.
Eight years ago, Congress passed the Affordable Care Act to address the HHS Office of Inspector General reports of drug manufacturers overcharging 340B drugs.