New Domestic Policy Podcast Episode: The 340B Prescription Drug Program: Reforms Needed

In a new Domestic Policy Podcast episode released January 24, Dr. Kent Kaiser explains what the federal 340B prescription drug program is, why it needs to be reformed, and what the Domestic Policy Caucus is doing through the organization’s Fix340B initiative.

During the episode, Dr Kaiser said, in part, “The problem really began as for profit hospitals started purchasing the 340B covered entities in order to gain access to the 340B prices. And the problem really exploded as those hospitals began contracting with multiple pharmacies that also were qualified for the 340B discount through their association. Many of those pharmacies and hospitals turn around and charge Medicare or Medicaid, and private insurance companies, the full price for a medicine that is acquired at the 340B discount, and unfortunately, they don’t let the patient know about the discount, they don't let the patient know that they even are a 340B patient.

Listen to the full episode here.