Walgreen Pulls WA Pharmacies in Protest

Walgreen Co. announced this week that they’d be pulling nearly half of their pharmacies out of Washington in protest of the state’s  plan to change their drug reimbursement policies.
Medicaid in Washington plans to insist that their patients use cheaper, generic drugs, rather than brand-name drugs, whenever equivalents are available. In turn, they’ll also cut the rate of reimbursement on drugs for pharmacies that supply them. The plan will drop reimbursements by 6%, which will help keep Medicaid possible for Washington residents, but which may drive some pharmacies out of business.
Walgreen said in a statement on Monday that cutting the reimbursement …read more