PhRMA, Pharmaceutical Research and Manufacturers Association, a trade association representing pharmaceutical manufacturers, has released a set of “Fact Sheets” showing how 340B operates in each state. After stating that the 340B program is “broken,” the fact sheets focus on two issues:
- Whether 340B hospitals provide adequate charity care. For example, the PA sheet reads “hospitals in Pennsylvania make 7.1 times as much from 340B as they spend on charity care.”
- Out-of-state pharmacies under contract with in-state covered entities, including that “PBMs and chain pharmacies also now make a profit from this safety-net program.”