Title: Ensuring the Value of the 340B Program Act of 2018
Policy area: Health

Summary:
Ensuring the Value of the 340B Program Act of 2018
This bill requires a hospital participating in the 340B drug discount program to include, in any Medicare cost report to the Centers for Medicare & Medicaid Services, information on: (1) the aggregate acquisition costs of the hospital for drugs acquired under the program; and (2) the aggregate revenues the hospital received from all payors for such drugs, disaggregated by insurance status.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 2453 Introduced in Senate (IS)]

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115th CONGRESS
  2d Session
                                S. 2453

To amend title XVIII of the Social Security Act to require hospitals to 
 provide the Secretary with information on the hospital's acquisition 
 costs for 340B drugs and the total revenues received by the hospital 
                            for such drugs.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           February 27, 2018

 Mr. Grassley introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
To amend title XVIII of the Social Security Act to require hospitals to 
 provide the Secretary with information on the hospital's acquisition 
 costs for 340B drugs and the total revenues received by the hospital 
                            for such drugs.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Ensuring the Value of the 340B 
Program Act of 2018''.

SEC. 2. MEDICARE REQUIREMENT FOR HOSPITALS REGARDING 340B DRUG 
              INFORMATION.

    (a) In General.--Section 1866(a)(1) of the Social Security Act (42 
U.S.C. 1395cc(a)(1)) is amended--
            (1) in subparagraph (X), by striking ``and'' at the end;
            (2) in subparagraph (Y), by striking the period at the end 
        and inserting ``, and''; and
            (3) by inserting after subparagraph (Y), the following new 
        subparagraph:
            ``(Z) in the case of a hospital that is a covered entity 
        under subsection (a)(4) of section 340B of the Public Health 
        Service Act, to include in any cost report submitted to the 
        Secretary under this title information on--
                    ``(i) the aggregate acquisition costs of the 
                hospital for drugs acquired during the period covered 
                by such cost report and for which the hospital received 
                a discount under such section 340B; and
                    ``(ii) the aggregate revenues the hospital received 
                from all payors for such drugs, disaggregated by 
                insurance status (including the Medicare program, the 
                Medicaid program, the Children's Health Insurance 
                Program, private health insurance, and uninsured).''.
    (b) Effective Date.--The amendments made by subsection (a) shall 
apply to contracts entered into or renewed on or after the date of the 
enactment of this Act.
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