Corporate Cronies Raid Discount Drug Program Intended for Poor
By Megan Barth —— Bio and Archives--May 26, 2016
American Politics, News | Comments | Back To Full Article
One of the great mistakes is to judge policies and programs by their intentions rather than their results.--Milton Friedman
The story of the 340B discount drug program is a classic example of a government program that has been hijacked.
Established by the Veterans Healthcare Act of 1992, 340B was intended to give veterans and the indigent discounted drugs. Pharmaceutical companies could sell through to government veterans programs but had to offer a small amount of drugs at costs to help poor and indigent vets. According to the program's requirements, covered entities must not resell or otherwise transfer 340B drugs to ineligible patients. Welcome to CFP’s Comment Section!
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