Remove 2003 Remove Insurance Remove Omnicell
article thumbnail

The 20 Key Moments in the 340B Program's 30-Year History

Omnicell

2003: Congress passed the Medicare Modernization Act (MMA), which included the creation of the Medicare Part D program. In a manual for hemophilia treatment centers, the agency states it is concerned that providers would have no reason to participate in 340B if insurers take the benefit of 340B savings from them.

article thumbnail

Key Takeaways from New Medicare Law and Its Implications for 340B Stakeholders

Omnicell

The IRA is the most significant health measure to pass since the Affordable Care Act of 2010 and is the most significant drug pricing legislation to make it through Congress since 2003. Implications for 340B Stakeholders For 340B stakeholders, the IRA is a mixed bag. So, stay tuned and continue to be active as this plays out.