Senator Schumer Vows To Restore Cuts To 340B Drug Pricing Program

Posted on October 30, 2018

The federal 340B Drug Pricing Program was enacted by Congress in 1992 and allows hospitals that serve a disproportionate share of low-income and uninsured patients to purchase drugs at a 20 to 50 percent discount, while keeping their Medicare reimbursements at non-discounted levels.





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