Capitol Fax.com - Your Illinois News Radar


Latest Post | Last 10 Posts | Archives


Previous Post: Isabel’s afternoon roundup (Updated)
Next Post: Live coverage

Why Are Tax-Exempt Hospitals Getting Rich?

Posted in:

[The following is a paid advertisement.]

Across Illinois, big hospital systems and PBMs are abusing the 340B drug discount program – making massive profits while patients drown in medical bills. One whistleblower called it “laundering money.”

Here’s how the scam works: big hospitals buy discounted 340B drugs, bill patients full price, then split the difference with for-profit pharmacies and PBMs.

340B was meant to help Illinois communities in need. But there are no rules requiring hospitals and PBMs to pass savings on to patients. No transparency. No oversight. Just higher costs for working families, small businesses, and taxpayers.

Meanwhile, tax-exempt hospitals cash in – and PBMs get a cut too.

posted by Advertising Department
Wednesday, Jun 4, 25 @ 3:34 pm

Comments

  1. No comments on this post so far.

Add a comment

Sorry, comments are closed at this time.

Previous Post: Isabel’s afternoon roundup (Updated)
Next Post: Live coverage


Last 10 posts:

more Posts (Archives)

WordPress Mobile Edition available at alexking.org.

powered by WordPress.