Thursday, January 12, 2012

Express Scripts and Walgreens Negotiations

This is a Sponsored post written by me on behalf of Walgreens for SocialSpark. All opinions are 100% mine.

Have you heard about the situation with Walgreens and Express Scripts? On December 31 the contract expired between Walgreens and the the insurance middle-man Express Scripts. This means that those who have insurance that deals with Express Scripts will no longer be able to use Walgreens to fill their scripts. So if you currently pick up your scripts at Walgreens, you may want to confirm that your insurance has not removed their coverage of Walgreen's services. This is enraging customers because they will not have to possibly drive further and use pharmacies with less convenient hours, and certainly without the Prescription Savings Club at Walgreens.

Walgreen's attempts to renegotiate this contract involved an attempt to help support military and military families by negotiating a better contract for Tricare, which serves the military. This was a failed attempt on Walgreen's part as Express Script would not allow WG to put a lock on rates so prescription rates could not increase further.

In the meantime, Walgreen's is trying to help the affected customers by offering a special discount on annual membership for its Prescription Savings Club at Walgreens. If you are effected or enraged by the situation feel free to contact your local media to let them know what is going on and that you aren't happy about it. Support Walgreens in their fight against riding medical costs by following Walgreens on Twitter or by liking Walgreens on Facebook.

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