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Originally enacted to help eligible safety-net providers buy medicines at steep discounts and pass the savings on to lower-income and vulnerable patients, the program has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]
Robert F. Kennedy Jr.'s exit from the Democratic Party (or was he booted out?) is only the latest sign that there are no more JFK Democrats left in positions of power in the Democratic Party.
President John F. Kennedy was a staunch anti-communist who fought against union and government corruption. He was a pro-life Catholic. He was laser-focused on faster growth ("we can do bettah") and saw sweeping tax rate reductions as a step toward achieving 4% to 5% growth.
Democrats are now for higher taxes: They ignore and excuse union and government corruption and they don't even…
