340B Drug Pricing Program Contributes to Rising Healthcare Costs and Is Ripe for Reform
The U.S. House Energy & Commerce Committee's Health Subcommittee today will host the third hearing in its health care affordability series, specifically examining the role providers and hospitals play in shaping the cost of care for Americans.
While the hearing will likely examine numerous issues, there is none more ripe for reform than the flawed 340B drug pricing program.
Originally enacted to help eligible safety-net providers buy medicines at steep discounts and pass the savings on to lower-income and vulnerable patients, the program has ballooned as a revenue stream for many participating hospitals and contract pharmacy chains.
As the size and complexity of the 340B program has expanded, participating hospitals and contract pharmacies have instead used the program to increase…[more]
It's the most wonderful time of the year, and Santa is done checking his list and deciding who's been naughty and nice. Of course, whenever he stops by the U.S. Capitol, he finds evidence of a lot of naughty fiscal irresponsibility that has given us a budget and government that overflow with inefficiency and waste. So my holiday wish is that, one way or another, we get some fiscal cheer by putting a few government-run programs under the privatization tree. Let's unwrap the possibilities!
When it comes to deliveries, Santa's sleigh reigns supreme. The U.S. Postal Service, on the other hand, is…
