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Pharmacy
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Walgreens sales hit by exit from Express Scripts
February 6, 2012Walgreens is being hit by its withdrawal from the Express Scripts Inc pharmacy network and by a much-weaker-than-expected flu season, leading it to temper its expectations for the number of prescriptions it will fill this year.
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U.S. consumers tell insurers to cover experimental drugs
January 24, 2012[IMGCAP(1)] NEW YORK | Mon Jan 23, 2012 9:42am EST (Reuters) - When your health insurance provider denies an experimental treatment or a high-cost drug, how much are you willing to pay for the care you believe you need? Barby Ingle, a former cheerleading and dance coach at Washington University who now lives in a Phoenix suburb, has been forced to face this question. …
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EBN exclusive: Minimal disruption for clients in Walgreens departure, says ESI
January 19, 2012Express Scripts’ clients, including employers, have seen minimal disruption since Walgreens left its network earlier this month, says Brian Henry, ESI’s senior director of public affairs. In this Q&A, he sits down with EBN to discuss what efforts the company has made to make the transition easier since Walgreens announced last June it would be leaving.
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PBM agrees to settlement in FTC investigation
January 17, 2012Pharmacy benefits manager CVS Caremark has agreed to pay $5 million to settle an investigation by the Federal Trade Commission that it overcharged seniors and taxpayers in the Medicare prescription drug program. The FTC also announced it has concluded its investigation of the company.
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EBN exclusive: Walgreens president discusses company’s future without Express Scripts
January 17, 2012Walgreens is on the offensive this month, informing both employers and employees that it’s no longer part of the Express Scripts network. Kermit Crawford, president of Walgreens’ pharmacy, health and wellness business, recently sat down with EBN to discuss how the company plans to move ahead.
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Walgreens moves on after split with Express Scripts
January 11, 2012Walgreens is going through "the worst" part of not being in Express Scripts Inc.'s network and, while the transition is difficult now, the drugstore should rebound as the year progresses, its top pharmacy executive said on Monday.
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Walgreen preps customers for loss of Express Scripts
January 4, 2012Walgreens said last Friday it will increase staffing at its call centers and offer discounts as it tries to hang onto customers once it stops filling prescriptions for Express Scripts Inc. members.
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Walgreens unlikely to make up with Express Scripts
December 22, 2011ts Inc. on Jan. 1, 2012, and its stance suggests that the odds of the drugstore making up with the pharmacy benefits manager before the end of the year are remote.
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Court tests liability of health care executives
December 7, 2011After decades in relative obscurity, a legal doctrine that holds corporate officers liable for company wrongdoing is finding its way back into some high-profile health care prosecutions.
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Medco, Express Scripts CEOs to make case for tie-up
December 7, 2011The chief executive officers of Medco Health Solutions Inc and Express Scripts Inc will tell a U.S. Senate subcommittee that merging the pharmacy benefit managers will wring out wasteful spending and lower the cost of medicine, according to a government filing.
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Obese people use more medications
December 6, 2011Obese adults in the United States use a number of prescription drug types more frequently than normal-weight adults, says a new study from researchers at the Centers for Disease Control and Prevention.
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CVS will not fill some prescriptions for potent drugs in Florida
December 1, 2011CVS has told some doctors in Florida, the nation's pill mill capital, that its retail pharmacies will no longer fill prescriptions they write for some potent and addictive drugs, a company spokesman said on Tuesday.
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Pharmacists form coalition to make drug prices more transparent
November 14, 2011A national coalition of pharmacists and pharmacy owners announced last week a public information campaign to expose the unjustifiably high prices of prescription drugs set by pharmacy benefit managers, the unregulated, multibillion dollar industry that controls prescription health plans for more than 200 million Americans.
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Employers cut drug benefits, but improve pricing of generics
November 2, 2011As employee benefit budgets remain tight, employers are adopting plan design changes that reduce drug benefit coverage and improve pricing, according to the Pharmacy Benefit Management Institute.
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Employers lack awareness and understanding of specialty drugs and costs
October 3, 2011Twenty-five percent of employers have little or no understanding of specialty pharmacy and 53% have only a moderate understanding of this challenging benefit according to a new survey released by the Midwest Business Group on Health.
