Schakowsky Statement on the Anniversary of the 340B Drug Pricing Program

Today, Congresswoman Jan Schakowsky, a Chief Deputy Whip, released the following statement marking the 25 year anniversary of the 340B Drug Pricing Program:

“Twenty-five years ago, the 340B Drug Pricing Program was signed into law. For a quarter century, it has helped millions of patients in need by requiring pharmaceutical manufacturers to give rebates to hospitals and health clinics that serve low-income, uninsured, or underinsured patients. With those savings, providers have been able to serve more patients and provide more comprehensive services. Many successful initiatives in Illinois, like Medication Assistance Programs and child vaccination programs, depend on the successful 340B program. As we work to lower drug prices, we need to protect the 340B Drug Pricing Program.

“Preserving the 340B Drug Pricing Program means more people get better care – it is critical to the health and well-being of our families and communities.”