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Lilly Pulls Out of 340B Drug Program
Description
Eli Lilly just pulled out of the 340B drug pricing program, citing concerns over how some hospitals are handling the discounts — a move that’s sending shockwaves through the healthcare system. These hospitals, especially safety-net providers serving low-income and uninsured patients, rely on those savings to keep care affordable. Since its 1992 launch, the 340B program has been a lifeline for rural and Medicaid-heavy facilities, but now the pharmaceutical industry is watching closely, wondering if this could become a trend. With big financial stakes and deep ethical questions, this decision could reshape how drugmakers and hospitals negotiate access to life-saving medications — and who ultimately pays the price.
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