340B and Small Business

Exploitation in the 340B program is raising insurance premiums for small businesses, forcing many to cut their health insurance benefits. In the last year, small business health premiums have risen nearly 20% as hospitals use the 340B program to bill patients at markups to generate a profit. The program was designed to free up resources for charity care, but in recent years expanded 340B revenue has been used to consolidate health care, rather than invest in patients. Read more here.