KAINE & COLLEAGUES INTRODUCE LEGISLATION TO STRENGTHEN AND REFORM 340B DRUG PROGRAM

WASHINGTON, Aug. 5 -- Sen. Tim Kaine issued the following press release:

WASHINGTON, D.C. - Today, U.S. Senators Tim Kaine (D-VA), Jerry Moran (R-KS), Tammy Baldwin (D-WI), Shelley Moore Capito (R-WV), John Hickenlooper (D-CO), and John Boozman (R-AR), members of the Senate 340B Bipartisan Working Group, introduced the SUSTAIN 340B Act, bipartisan legislation to strengthen and reform the 340B program. The 340B program requires that drug manufacturers that participate in Medicaid provide certain covered entities, including non-profit health care providers, such as hospitals and community health centers, a discount on outpatient drugs. The 340B program enables covered entities to use these savings to provide more comprehensive services to pa...