About 340B and Why It Needs to Be Fixed
The 340B program was created by Congress in 1992 to help vulnerable or uninsured patients access prescription medicines at safety-net facilities. Manufacturers provide steep, mandatory discounts on medicines to certain types of clinics and hospitals as a condition of their drugs being covered by Medicaid. However, even as the number of Americans with insurance is on the rise, 340B is growing exponentially. While clinics that receive government grants largely use the program to improve access to medicines for needy patients, not all 340B hospitals are good stewards of the program.