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TexasTowelie

(117,584 posts)
Tue Jan 10, 2017, 08:56 PM Jan 2017

Insurer drops CVS from network

More than 2 million Alabama residents with Blue Cross and Blue Shield of Alabama insurance who have their prescriptions filled at CVS drug stores will have to pay full price for their medications, or go elsewhere for their insurance to help cover the cost.

Blue Cross and Prime Therapeutics have developed new preferred pharmacy networks as of Jan. 1 that do not include CVS, according to Koko Mackin, vice president of corporate communications and community relations for Blue Cross.

“This change was made to help offset the continuous rise in prescription drug costs,” Mackin said. “The new pharmacy networks will provide the best medications for the best price.”

Blue Cross and Blue Shield of Alabama is part owner of Prime Therapeutics, which is a pharmacy benefit manager based in St. Paul, Minnesota.

Read more: http://www.timesdaily.com/news/local/insurer-drops-cvs-from-network/article_539c195a-c045-5ad3-abf9-67f2560979c1.html

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