Filling of prescriptions is harder with insurer's action
Source: Associated Press
CHICAGO (AP) A December decision by insurer Aetna to drop Walgreens from its Illinois Medicaid plan is making it harder for thousands of low-income Chicago residents to get their prescriptions filled.
The Chicago Tribune reports Aetnas decision to exclude the Walgreens chain from its Aetna Better Health of Illinois pharmacy network affects about 400,000 state residents. Many of them are poor and critics say they are already disproportionately those suffering from COVID-19 and unemployment.
In a written statement, Aetna, which owns Walgreens rival CVS, responded it has nearly 2,000 in-network pharmacies statewide for Medicaid members, including independent pharmacies and those in national and regional chains such as Walmart and Jewel-Osco.
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Read more: https://apnews.com/article/chicago-health-coronavirus-pandemic-illinois-medicaid-17eaaf1baeb4c3b78d71d6fa71ad5f30
yardwork
(61,588 posts)This is an obvious monopoly.
elleng
(130,860 posts)Sinistrous
(4,249 posts)I got po'ed when CVS stopped carrying several name products I had been buying and replaced them with their junk quality store brands.
safeinOhio
(32,658 posts)They are worth the extra nickel.
ananda
(28,856 posts)CVS is part of my plan.
FormerOstrich
(2,700 posts)While I think it is shitty....and I agree that owning a pharmacy is questionable
The Walgreen's near me usually charges way more than any other pharmacy for prescriptions. Over the years, depending on which plan I was on, I found them to be not just a little higher but exponentially higher.
Costco usually has the best but limited on insurance plans. A trip to Mexico is probably not a good idea now but usually lower cost than US.
airplaneman
(1,239 posts)One of my prescriptions
Costco $40
Walgreens $200
And I had to use Walgreens one time.
-Airplane
elleng
(130,860 posts)Pobeka
(4,999 posts)I read about that a few years ago and it was jaw dropping and explained a whole lot of why our health care is so expensive.
If I'm wrong about that -- anyone reading this please correct me.
elleng
(130,860 posts)'health insurers' not my area of expertise, but this example sure cries out for DELETING any such exemption.
Used to be that 'health care' was not a profit-seeking industry.
Pobeka
(4,999 posts)Then HMO's were going to save us in the 1990's.
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Now, with the ACA, insurers get a capped maximum % profit. So, it's to their benefit to have the base cost go dramatically up, because their % is levied against a higher base. The more they actively work to drive up the base cost, the more their profit.
gab13by13
(21,290 posts)was raising the prices on 300 prescription drugs this year.
We did get a 1.3% increase on Social Security, don't know if Medicare costs went up.
TryLogic
(1,722 posts)Their morality resembles that of the tobacco industry.