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Katy Grimes

Drug Program For Poor Misused by Hospitals and Drug Store Chains Under Obamacare Expansion

In 1992, Congress passed the 340B Drug Discount Program to help veterans, the uninsured and indigent patients get the prescription medicines they needed but could not afford. The new law required pharmaceutical manufacturers to provide significant discounts to medical clinics and qualifying hospitals as a condition of their drugs being covered by Medicaid. The clinics and hospitals had to meet certain criteria and serve charity patients in order to have access to the program.

But today, some large hospitals are profiting from the program by keeping the 340B discounts for themselves, while providing very little charity care to the intended patients.

What happened?

Since the Affordable Care Act was passed (Obamacare), the 340B drug program has… Read More