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Originally enacted to help eligible safety-net providers buy medicines at steep discounts and pass the savings on to lower-income and vulnerable patients, the program has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]
As nearly every standardized test is showing, our schools are doing an abysmal job teaching kids how to read or do math. In some cases, kids graduating from high school can barely read their diplomas.
But the schools are wildly succeeding with their climate change indoctrination program. When I speak to kids on high school and college campuses and ask what the greatest threat is to their generation, the answer isn't China's aggression. It isn't a drug abuse problem that is becoming the leading killer of our children. It isn't the failed schools or the corrupt government or the more routine violations…