News
Discount Drug Program Profits Hospitals
Posted 10.28.14
Program initially intended to help the poor
Pharmaceutical companies are now asking that the 340B program created under the Veterans Health Care act in 1992 be re-evaluated as a result of a study indicating that hospitals are also selling the drugs to commercially insured individuals and keeping the profits. Expansion under the Affordable Care Act has created a need for the re-evaluation due to the growing number of 340B providers.
Also reported in the October 7, 2014 NAHU Newswire is the lead story about Wal-Mart’s deal with DirectHealth to put licensed agents in 2,700 stores by December 7th stores to sell health insurance.