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HOW THE 340B DRUG PRICING PROGRAM IMPACTS PATIENTS

Doctor and patient in exam room

The 340B Drug Pricing Program was established by Congress in 1992 with the intention to make prescription medications and healthcare services affordable for uninsured and low-income patients. The 340B program enables covered entities or providers (health centers, clinics and State AIDS drug assistance programs, Medicare/Medicaid disproportionate share hospitals, children’s hospitals, pharmacy benefit managers (PBMs) and other safety net providers) to stretch scarce federal resources as far as possible, reaching more eligible patients and providing more comprehensive services. Through the program pharmaceutical manufacturers participating in Medicaid agree to provide outpatient drugs to covered entities at significantly reduced prices.

The 340B program has seen significant growth over the past three decades. The discounted purchases under the 340B program reached a total of $66.3 billion in 2023 alone. However, evidence does not show the program is serving these vulnerable patients as intended. Advocates are concerned that some pharmacies may be benefiting financially and PBMs, the hidden middlemen in this system, may be reaping profits. Also, the amount of charity care offered to patients has been declining since 2018. This decline has compromised access to essential medical services for vulnerable populations.

More than 30 years since 340B was created, we must ask the question: is the program truly benefiting patients as intended?

To ensure the 340B program fulfills its original purpose for enabling covered entities to stretch scarce federal resources as far as possible, reaching more eligible patients and providing more comprehensive services, lawmakers should implement federal reforms that enhance transparency and oversight of the 340B Drug Pricing Program.

Key Resources

Explore our curated list of resources, including news media, research, and academic studies, that highlight the impact of the 340B program on patients across the country.

News Media Coverage & Investigations

Research & Studies

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