340B State Legislation: Texas

The 340B program enables participating hospitals in Texas and across the U.S. to purchase medications at a significant discount and sell them to plan sponsors at the prevailing rate, a “buy low, sell high” scheme that results in hospital profits at the expense of working families. There is no guarantee that hospitals will pass the 340B profits to vulnerable patients in local communities. Working families are already struggling, and they do not need to pay for expensive, marked-up drugs from hospitals.

Together, the National Alliance of Healthcare Purchaser Coalitions and the Texas Business Group on Health urge policymakers to oppose this legislation, which would raise healthcare costs for Texan families and perpetuate health care consolidation by exacerbating the impact of 340B on purchasers and employees.