Core and Group Health

The federal 340B drug pricing program is failing to meet the needs of the vulnerable patients the program was intended to serve, while raising health care costs for employers and families, according to a new white paper.

The full billed price for a double lung transplant for a patient under 65 increased 81% between 2020 and this year, to $2.3 million, the firm estimates.

The company put out a statement on Friday rejecting the allegations, but the Wall Street Journal article caused a 7.17% drop in the price of its stock.

The Biden administration’s agenda, which sought to provide Medicaid-funded emergency services to undocumented immigrants, has cost federal and state taxpayers more than $16.2 billion, according to Congressional Budget Office estimates.

Employers should prioritize understanding the changing workforce, preparing for artificial intelligence and keeping health care costs in check.

By adopting innovative approaches and prioritizing flexibility, organizations can create sustainable benefits strategies that support both their workforce and their long-term goals.