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Created in 1992, the federal 340B Drug Pricing Program (340B Program), which is overseen by the federal Health Resources and Services Administration (HRSA), allows qualified provider organizations to purchase outpatient drugs at a discounted price in order to provide more individuals with care and “stretch scare federal resources.” Currently there are over 11,000 unique providers at 34,000 sites participating in the 340B program.
This report answers a number of questions including:
1. What Is The 340B Drug Pricing Program?
2. What Provider Organizations Are Eligible To Participate In the 340B Program?
3. How Are Drug Discounts Calculated For The 340B Program?
4. How Does The 340B Program Discount Affect Consumers?
5. What Drugs Are Eligible For 340B Program Reimbursement?
