What is the official ID of this bill?
The official print number for this legislation is HR 4390.
Protecting 340B Drug Discount Program: Ensuring Fair Treatment for Healthcare Providers
This bill aims to protect the 340B drug discount program, which helps hospitals and clinics provide affordable medications to low-income patients. It prevents discrimination against these healthcare providers by insurance companies and pharmacy benefit managers, ensuring patients continue to access affordable drugs. The bill introduces financial penalties for violations and streamlines oversight to prevent duplicate discounts.
Key points
Prohibition of Discrimination: Insurance companies and pharmacy benefit managers cannot treat healthcare facilities and pharmacies participating in the 340B program unfairly.
Equal Payment Terms: 340B facilities must receive the same reimbursement rates for drugs as other pharmacies, without additional fees or restrictions.
Penalties for Violations: Pharmacy benefit managers violating the new rules can face fines of up to $5,000 per day.
Preventing Duplicate Discounts: A system is established to ensure that drugs covered by the 340B program are not simultaneously subject to other Medicaid discounts.
Status:
Expired
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