Commentary: 340B Drug Pricing Program Needs a Federal Fix, Not a Free Pass for Hospitals

Too many hospitals take advantage of 340B, intended to make medications affordable for low-income patients. A New York proposal would make things worse.

“Millions of New Yorkers are one surprise hospital bill away from falling into medical debt. Over 100 million Americans have had or currently have medical debt…”

In this Times Union op-ed, NCL CEO Sally Greenberg argues that New York’s 340B hospitals are exploiting a federal drug discount program meant to help vulnerable patients, instead pocketing savings with no transparency or accountability. New York hospitals divert less than 2% of operating expenses to charity care, below the national average, while some charge patients full price for medications purchased at steep discounts. With 76% of New York adults concerned about aggressive medical debt practices by 340B hospitals, Greenberg urges New York lawmakers to reject proposals that deepen the problem and calls on Congress to fix the broken program and ensure savings reach the patients who need them most.

Read the full op-ed by NCL CEO Sally Greenberg on Times Union

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