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Grassley: Hospitals appear to be making “sizeable” profits from discount prescription drug program

Senator Charles Grassley
Senator Charles Grassley

WASHINGTON – Sen. Chuck Grassley of Iowa is looking into how hospitals are using a discount prescription drug program, known as 340B.  Certain hospitals appear to be making sizeable profits from the program at the expense of Medicare, Medicaid and private health insurance.  Grassley has asked the federal agency in the charge of the program, the Health Resources and Services Administration, about its oversight of the program and corresponded with several individual hospitals.  He made the following comment on a new report responding to criticism of program uses.

“A report by an association representing the affected hospitals is not objective.  Through my inquiries, I’ve been able to document that several hospitals are profiting from the 340B program rather than simply providing discounted drugs to the uninsured.  Instead of using the deeply discounted drugs these hospitals receive for the most vulnerable in need, the hospitals are up-selling those drugs to patients with Medicare and private insurance because those patients can pay more. The hospitals are keeping the difference.  Even if the 340B program allows this kind of upselling, that doesn’t make it right.  It also isn’t right that we don’t know how hospitals are reinvesting 340B revenue. Nothing that I know of requires 340B hospitals to report how they use program savings and revenue.  They could use the money for uninsured patients or they could use the money toward building a new wing. Without verification and oversight by HRSA, it’s impossible to know how each hospital uses the program.  Each hospital should provide public documentation of how it uses program proceeds.  Then the public would be able to evaluate claims of how hospitals use the money.”

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Who is this Grassley where he come from if he worried about us Iowans he would have 95percent of his co workers in prison.who is this guy with this great americanna iowa sounding name CHUCK GRASSLEY supposedly understands IOWANS WELL MOST IOWANS I KNOW WOULDNT BE ABLE TO SIT IN THE SAME ROOM WITH GLOBALIST EXTREMIST WHAT APPEARS TO BE A BUNCH OF LUNATICS LUCIFARIANS SO WHO IS THIS GUY .SUSTAINABLE DEVELOPMENT DEPOPULATION LAND GRABBING ROCKAFELLAS BAnksters agendas .as we are encircle;ed by our enemies our men are warriors are shipped over seas who going to help dhs Russian troops who is Grassley I hear the winds of change blowing I see the land of ours filled with the blood of americans slaughtered babies bayoneted and wives raped in front of there husbands eyes .I see mass graves murdered for the green GRASS of our lovely land the men wore out spread out thinned out unable to fight back.this will be fast and furious all you can do is pray for a angel in our military to step foreward and send a few more angels from skys outta offut or nellis without someone steppin up generals stopping it we are all dead

He also needs to be checking into how our own Mercy Hospital that is own by Trinity rips off the people.

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