Webinar: Peeling Back Hospitals' 340B Rx Scheme to Gouge Employers

Peeling Back Hospitals' 340B Rx Scheme to Gouge Employers

April 8, 2025 | 12:00 PM CT | Webinar

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What is 340B?

The 340B program allows hospitals to buy medications at deep discounts and sell them at higher rates, profiting at the expense of employers and employees.  There is no assurance that these profits benefit the vulnerable patients, whom the deeply discounted meds are for.  Instead, the 340B program drives up pharmacy costs for employers through steep markups, lost rebates, and PBM incentives for PBMs to encourage prescriptions for higher-cost drugs over biosimilars.  In fact, in some estimations employers are losing millions of dollars through the 340B program.

Why should you care?

To raise employers' awareness of this cost-driving issue, TBGH is partnering with the National Alliance and launching an educational initiative to increase awareness and understanding of the 340B program and how it affects Texas employers, including members of DFWBGH, HBCH, SABGH, and other stakeholders and policymakers.

What you can do!

Please join us for a complimentary employer-focused Webinar on April 8^th where you will gain in-depth understanding of the 340B Drug Pricing Program and its costly impact on employers and working families in Texas.  Our expert speaker is Shawn Gremminger will provide valuable insights about the current landscape of the 340B Program, highlighting how it impacts employers’ pharmacy costs, plus key challenges and potential areas for policy reform.

Webinar Details

• Date: April 8, 2025
• Time: 12:00 PM - 1:00 PM CT
• Cost: Complimentary
• Register Here

What You’ll Learn:

• A comprehensive overview of the 340B program
• Specific insights into 340B’s impact on Texas employers and their workforce
• How much your employer is losing in lost rebates and higher prices
• Guidance on next steps in Texas to navigate and address 340B-related challenges

We encourage you to attend this important discussion and share this invitation with others in your organization who may benefit.

Additional 340B Resources: Below are resources we’ve gathered that provide background on the 340B program and its relevance to Texas employers.                 

• The 340B Program’s Impact on Employers - National Alliance 340B Resources Page
• National Alliance 340B One-Pager
• Shawn Gremminger’s Testimony on the 340B Drug Pricing Program
• Podcast: Part 1 - 340B: Where It Started, Where It Is Now, and Who Is Really Benefiting
• Podcast: Part 2 - Why Employers Should Probably Care About What's Happening with 340B