Johnson, Spanberger Introduce Bipartisan Bill to Protect 340B Program, Prevent Higher Drug Prices
The Preserving Rules Ordered for the Entities Covered Through (PROTECT) 340B Act addresses concerns from healthcare providers in
"340B is an essential program for rural and low-income hospitals and patients," said Johnson. "South Dakotans rely on this program to access affordable drugs and medicines they need. The PROTECT 340B Act will ensure the quality of care for communities that need it."
"The 340B Program lowers prescription drug costs and saves money for seniors and families, especially those in rural and underserved communities. But in recent years, we've seen for-profit insurance companies and the shadowy middlemen of the pharmaceutical industry -- known as pharmacy benefit managers -- undermine these discounts, target 340B providers, and threaten the very survival of this program," said Spanberger. "The PROTECT 340B Act would hold these actors accountable for trying to take away the savings of American consumers. I want to thank my colleague
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"340B hospitals applaud
"Essential hospitals thank Reps. Johnson and Spanberger for introducing the PROTECT 340B Act. The 340B program is vital to millions of low-income patients and our nation's health care safety net. We call on
"With sixty percent of
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Click here (https://d12t4t5x3vyizu.cloudfront.net/spanberger.house.gov/uploads/2023/04/230207-SPANVA_012_xml.pdf) to read the full bill text.
Background:
The 340B Drug Pricing Program was enacted by
The program has a demonstrated record of protecting patients who are low-income, live in underserved communities, or suffer from serious chronic illnesses from the threat of skyrocketing prices for the drugs they depend on the most.
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Original text here: https://dustyjohnson.house.gov/media/press-releases/johnson-spanberger-introduce-bipartisan-bill-protect-340b-program-prevent


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