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Drug Costs Are Rising: 340B Legislation Helps Lower Costs, Strengthen Communities
Friday, Apr 24, 2026 - Posted by Advertising Department [The following is a paid advertisement.] Nearly 40% of Illinois residents get their health coverage through Medicaid (25%) and Medicare (18%). Yet, government providers do not cover the full cost of care. Hospitals on average lose 10-15% treating Medicare patients and 30-35% treating Medicaid patients. Despite this, Illinois hospitals continue to provide lifesaving care around the clock. Congress created the 340B drug discount program over 30 years ago to address financial shortfalls, including inadequate reimbursement from government payers. Last spring, the Senate unanimously passed House Bill 2371 SA 2 to protect 340B. HB 2371 does not ask drugmakers to do anything new, but to do their part in lowering drug costs for hospitals and Federally Qualified Health Centers (FQHCs) that serve many low-income patients. Stand with hospitals, FQHCs and their patients: Pass HB 2371 SA 2. Learn more.
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