Walgreens to Provide Up to 30-Day Prescription Supply at No Upfront Cost for Public Health Insurance Marketplace Enrollees W...
December 30 2013 - 5:21PM
Business Wire
As newly insured Americans begin using their benefits under the
Affordable Care Act, Walgreens (NYSE: WAG) (Nasdaq: WAG) will
provide medications to those patients who may have difficulty using
their new insurance coverage because they haven't received a plan
identification number yet from their insurer. In those situations,
through the end of January, patients can bring confirmation of
their enrollment in the public health insurance marketplace to a
Walgreens pharmacy, or the pharmacy staff can check to verify
eligibility, and Walgreens will assist them by providing up to a
month of a traditional1, brand and generic medication at no upfront
cost.
“We understand that all the changes that come with health care
reform may create some questions for newly enrolled individuals,”
said Kermit Crawford, president of pharmacy, health and wellness
for Walgreens. “We are deeply committed to helping these patients
get, stay and live well by helping them to get their medications
without interruption.”
The announcement is one of several measures Walgreens is taking
to help achieve the smoothest possible transition for those insured
as a result of the Affordable Care Act.
Walgreens is reaching out to insurance companies’ operations
groups to request nightly eligibility file updates on health
insurance marketplace plan enrollees to help ensure Walgreens
pharmacy teams have the most up-to-date coverage information.
Walgreens is also encouraging patients who enrolled through the
public marketplace to confirm coverage with their insurance company
and bring to the pharmacy current benefit information. With that
benefit information, Walgreens pharmacy staff will individually
review patient benefits and work with the patient’s insurance
company directly to confirm benefit eligibility.
To assist newly insured patients, Walgreens is working with
United States Department of Health and Human Services (HHS),
Centers for Medicare & Medicaid Services (CMS) , National
Association of Chain Drug Stores (NACDS) and the White House and
will remain in frequent conversation to raise any common issues
that may arise.
Walgreens is uniquely positioned to support newly insured
Americans, improve health care delivery and help meet the needs of
patients, payers and the health care system at large through its
health care assets and expansive retail footprint. Walgreens offers
more than 8,100 points of care conveniently accessible within three
miles of 63 percent of the population, and two-thirds of Walgreens
stores serve medically underserved areas throughout the U.S.
1 Traditional prescription excludes complex therapy
medications.
About Walgreens
As the nation's largest drugstore chain with fiscal 2013 sales
of $72 billion, Walgreens (www.walgreens.com) vision is to be the
first choice in health and daily living for everyone in America,
and beyond. Each day, Walgreens provides more than 6 million
customers the most convenient, multichannel access to consumer
goods and services and trusted, cost-effective pharmacy, health and
wellness services and advice in communities across America.
Walgreens scope of pharmacy services includes retail, specialty,
infusion, medical facility and mail service, along with respiratory
services. These services improve health outcomes and lower costs
for payers including employers, managed care organizations, health
systems, pharmacy benefit managers and the public sector. The
company operates 8,197 drugstores in all 50 states, the District of
Columbia, Puerto Rico and the U.S. Virgin Islands. Take Care Health
Systems is a Walgreens subsidiary that is the largest and most
comprehensive manager of worksite health and wellness centers,
provider practices, and in-store convenient care clinics, with more
than 750 locations throughout the country.
Cautionary Note Regarding Forward-Looking Statements. Statements
in this release that are not historical are forward-looking
statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Words such as
"expect," "likely," "outlook," "forecast, "would," "could,"
"should," "can," "will," "project," "intend," "plan," "goal,"
“target,” "continue," "sustain," "synergy," "on track," "believe,"
"seek," "estimate," "anticipate," "may," "possible," "assume,"
variations of such words and similar expressions are intended to
identify such forward-looking statements. These forward-looking
statements are not guarantees of future performance and involve
risks, assumptions and uncertainties, including, but not limited
to, those described in Item 1A (Risk Factors) of our most recent
Annual Report on Form 10-K, which is incorporated herein by
reference, and in other documents that we file or furnish with the
Securities and Exchange Commission. Should one or more of these
risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those indicated or anticipated by such forward-looking
statements. Accordingly, you are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date they are made. Except to the extent required by law,
Walgreens does not undertake, and expressly disclaims, any duty or
obligation to update publicly any forward-looking statement after
the initial distribution of this release, whether as a result of
new information, future events, changes in assumptions or
otherwise.
WalgreensMarkeisha Marshall(847) 420-8891orMedia Relations
After-hours:(847)
315-2900http://news.walgreens.com@WalgreensNewsfacebook.com/Walgreens
West Africa Gold (NASDAQ:WAGI)
Historical Stock Chart
From Jun 2024 to Jul 2024
West Africa Gold (NASDAQ:WAGI)
Historical Stock Chart
From Jul 2023 to Jul 2024