Feds Aim to Tighten Drug Payment Loophole, Save Taxpayers Billions

Feds Aim to Tighten Drug Payment Loophole, Save Taxpayers Billions

Medicare beneficiaries could save more than $1 billion in copayments on prescription drugs in 2027 under new drug pricing guidelines proposed by the federal government on July 2. The proposed rules would significantly narrow a loophole allowing major hospital chains to cash in on mandatory prescription drug discounts intended for struggling, safety-net providers. The provision is part of the 340B Drug Pricing Program, which Congress created to a…