Walgreen’s & Express Scripts’ Contract Expires: Important things you should know and how you should be
This post brought to you by Walgreens. All opinions are 100% mine.
For the past year, Walgreens has negotiated with Express Scripts for a new contract to continue as part of its pharmacy provider network. Those negotiations were unsuccessful, and the contract expired on Dec. 31. As a result, Walgreens is no longer part of Express Scripts’ pharmacy provider network as of Jan. 1, 2012. This includes all Walgreens pharmacies nationwide and Duane Reade pharmacies in the New York City area.-Quote from Walgreens Press Release
Walgreens is one of the largest pharmacy chains, and Express Scripts is one of the largest prescription middle-men. When Walgreens and Express Scripts cannot work together, customers like you and I suffer. Customers may have to drive further for prescriptions refills and lose the convenience of the many Walgreens 24-hour and drive thru pharmacies. If the customers were going to see lower costs, this might make sense, but that is not the case. Many customers who have developed relationships with their pharmacists now find themselves having to find a new pharmacy and therefore, a new pharmacist to trust.
You might be wondering how this happened and I think it’s important to understand that. The cause of Walgreens being removed from the Express Scripts network all boiled down to contract negotiations. While Walgreens offered to hold rates for the new contract, Express Scripts' response was to propose to slash Walgreens reimbursement rates below the industry average. As if all of this were not bad enough, Express Scripts also refused to negotiate with Walgreens for those customers in the US Military. Full details can be found in the press release.
Only patients with certain prescription insurance plans managed by Express Scripts are impacted. Walgreens is well aware of the affect that this is having on their customers. They are trying to help by offering a discount on their Prescription Savings Club at Walgreens. Walgreens wants to let all its customers know that they no longer will work with a middle man, and that they care about their communities. Right now you can sign up for its Prescription Savings Club at Walgreens at a special discounted rate.
If you are one of the people affected by this, make sure your voice is heard. I encourage you to speak up and voice your concerns to Express Scripts by any means you have available to you. Or, if not, how do you feel about the people that will be affected? To keep up on all Walgreens news, specials, and information visit Walgreens on Twitter and Walgreens on Facebook.
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