What is the 340B Drug Pricing Program and How Does it Help? Family Healthcare Weighs in

November 01, 2022

Article by St. George News

CONTRIBUTED CONTENT — Created by Congress in 1992 with no cost to taxpayers, the 340B drug pricing program is one of the most effective health care programs in America today. Drug manufacturers participating in Medicaid agree to provide outpatient medications to eligible entities, such as hospitals and community health centers, at significantly reduced prices.

A crucial safety net for the patients of health centers that provide care for large numbers of low-income and underinsured populations, the program helps ensure access to lifesaving medications at affordable prices. Here in southwestern Utah, Family Healthcare and other organizations are qualified to extend 340B drug pricing to patients.

Recent patient stories illustrate the value and importance of this critical program. Names have been changed to protect anonymity.

Sue has type 2 diabetes. For years, she struggled to afford diabetes medications that were $2,000 per month. After becoming a Family Healthcare patient and qualifying for 340B drug pricing, her diabetes medications now cost $50 every three months.

Jodi, a single mother who works in the service sector and needs a life-sustaining prescription medication, was able to stop skipping meals to afford her medication. As a Family Healthcare patient, she qualified for the 340B drug pricing program, reducing her monthly medication cost from $200 to $20.Betty-with-little-boy-scaled_1.jpg

Thanks to the 340B drug pricing program and the support from drug manufacturers, this help for the economically fragile and uninsured has a positive, lifesaving impact for patients, their families and the whole community. 

Family Healthcare recently opened the doors of a beautiful, new two-level clinic at 2276 E. Riverside Drive in St. George. Patients will have access to affordable, high-quality medical, behavioral and dental care in a comfortable and welcoming setting.

They will be able to pick up their 340B prescription medications on-site directly after their provider visit without having to make an extra stop on the way home. It doesn’t get better than this for patients who need a hand up and those of us who compassionately serve them. 

Written by LORI WRIGHT, CEO of Family Healthcare.