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Originally enacted to help eligible safety-net providers buy medicines at steep discounts and pass the savings on to lower-income and vulnerable patients, the program has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]
The Left would rather cage poor kids in failing schools than give them a better choice.
New York spends a whopping $36,293 per public school student – highest in the nation – yet for all that money, student scores are "middle-of-the-pack" on national tests for math, reading and science, according to a new report from the Citizens Budget Commission. Those average test scores suggest taxpayers are getting ripped off, paying top dollar – $89 billion in all – for mediocrity.
But behind the averages is a far worse reality. New…
