340B Federal Drug Discount Program Faces Challenges
Thursday, August 14, 2014 - 00:40
in Mathematics & Economics
The 340B program, a federal program that provides billions in drug discounts to safety net hospitals and other health care providers, is expanding under health care reform, but there is uncertainty for safety net providers and drug manufacturers. The federal 340B program began in 1992 to help health care providers extend services to vulnerable populations, including the indigent and uninsured. The program allows some hospitals, clinics and health centers to buy outpatient prescription drugs at discounted prices that are generally lower than the amount paid by state Medicaid programs. read more