Reference no: EM133052483

Please summarize the two paragraphs using your own words. In the summary please use the information and reference included.

The oversight of the 340B Drug Pricing Program.

The 340B Drug Pricing Program is under the Health Resources & Services Administration. It was established to ensure low income and uninsured individuals on Medicaid would be able to receive discounted drugs from eligible organizations ("340B Drug Pricing Program," 2018). The drugs are sold by pharmaceutical companies to eligible organizations at a discounted rate. In return the drugs are then sold to low income or uninsured individuals. Some of the implementation phases was used but not all. The scope of the task was used to implement the vision of the plan, funding was established for the plan, but the funding was not adequately used.

Stakeholders were informed that there was a conflict with another obligation that state Medicaid programs received discounts matching the lowest prices presented in non-Medicaid markets. Congress corrected the problem by amending the law creating section 340B to section 602 (McLaughlin & McLaughlin, 2014).Somewhere down the line, there was a breakdown of the plan. Low income and uninsured individuals were not reaping the benefits that was intended for them. Profit medical organizations and insured individuals were able to benefit from the discounted drug program as well.