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The 340B Drug Pricing Program is a US federal government program created in 1992 that requires drug manufacturers to provide outpatient drugs to eligible health care organizations and covered entities at significantly reduced prices. The intent of the program is to allow covered entities to "stretch scarce federal resources as far as possible ...
You can make HSA contributions in 2021 if you have an HSA-eligible health insurance policy with a deductible of at least $1,400 for single coverage or $2,800 for family coverage.
Medicare beneficiaries who take a lot of pricey medications will get a big break come 2025. That’s when the $2,000 annual cap on out-of-pocket costs for drugs bought at the pharmacy or through ...
Section 340B limits the cost of covered outpatient drugs to more than 18,000 eligible entities including ten types of health care providers and programs funded by the Health Resources and Services Administration (HRSA) and hospitals that provide care to high volumes of patients that are either indigent or located in remote areas.
In 2010, the first provision enacted immediately, was a one-year, $250 rebate to those people in the coverage gap to help pay for their medication. The second provision, enacted in January 2011, created a 50% discount on brand-name prescription drugs for seniors within the coverage gap.
The 340B drug pricing program, originally intended to help low-income and uninsured patients, has been exploited by special interests for profit, resulting in higher drug prices, taxes, and ...