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Strategist | strategy-catalyst

Five things to know about Sen. Bill Cassidy’s 340B reform legislation

Promotional graphic titled “Five things to know about Sen. Bill Cassidy’s 340B reform legislation,” featuring the U.S. Capitol and five topics: stakeholder feedback, rebates versus upfront discounts, reporting requirements, pharmacy restrictions, and Senate politics.

On June 25, Sen. Bill Cassidy (R-La.) unveiled draft legislation that would comprehensively reform the 340B drug discount program. The draft is Cassidy’s first comprehensive legislative proposal for 340B, following years of hearings and the release of a lengthy report last year.

If enacted, the legislation would convert 340B from a discount that health systems capture by default into one they must continuously earn and defend—with new limits on eligible prescriptions and contract pharmacies, and a codified rebate scheme that could force systems to front cash and wait on repayment.

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