The 340B Drug Discount Program is a U.S. federal government program created in 1992 that requires drug manufacturers to provide outpatient pharmaceuticals to eligible health care organizations at significantly reduced prices. The Live Well Centers of Waverly and Concordia have taken advantage of this program and have helped many of their patients pay considerably lower prescription drug costs.
340B Saves Prescription Drug Costs
“The program works for anyone who is a Live Well patient,” said Amanda Arnold, RN, BSN. “It doesn’t matter what their income is or whether or not they have insurance. ”The Live Well Centers have forged partnerships with two area pharmacies to offer the program: Britt’s Central Drug in Concordia and Hometown Pharmacy in Carrollton.
Live Well Center patients are saving money. In one instance a patient was paying approximately $270 a month for insulin. As a result of Live Well’s340B Program, the same patient was able to get a three-month supply for $40. In another instance, a patient was paying over $100 for Cymbalta each month. With the help of the Program, this patient now pays $53 for a three-month supply.
Contact HCC for Information
Arnold, who works as a chronic disease manager and quality improvement coordinator at the Health Care Collaborative (HCC) of Rural Missouri, said anyone with questions about 340B, or who would like to get an approximate price on a particular medication may call her at 660.259.2440.