February 1, 2011

Just when you thought the low end of the generic drug price spectrum couldn’t get any more commoditized, the $2 price point debuted with a big splash in September 2010.


January 7, 2011

The news that CVS Caremark has entered an agreement to acquire the Medicare Part D business of Universal American is important on several fronts: Not only will the deal more than double the size of CVS Caremark's Medicare Part D program, but the move also comes just as the first baby boomers turn 65.

January 3, 2011

CVS Caremark is more than doubling the size of its Medicare Part D program by acquiring the Medicare Part D business of Universal American for roughly $1.25 billion.

December 15, 2010

Midwestern supermarket chain Hy-Vee will offer 366 commonly prescribed generic prescription drugs for as little as $2 to select Medicare beneficiaries through a program offered in collaboration with UnitedHealthcare, Hy-Vee said.

December 10, 2010

Most beneficiaries of the Medicare Part D program are unaware of new measures to close the so-called “donut hole” coverage gap, according to a recent poll.

December 9, 2010

The second-largest Medicare Part D plan sponsor in the country has named an independent pharmacy as its pharmacy of the year.

December 7, 2010


BENTONVILLE, Ark. — It’s the kind of low-price power play that gives smaller-scale independent pharmacy owners — and chain drug store operators too, for that matter — the willies. In what promises to be another potent and potentially market-altering exercise in massive scale and competitive clout, Walmart has linked up with insurance heavyweight Humana to launch what it says will be the lowest-cost prescription drug plan for seniors who rely on Medicare Part D prescription drug coverage.


December 7, 2010

MINNETONKA, Minn. — Could the economy and the bare-knuckles competition that now defines pharmacy retailing lower the price bar even further for widely used generic drugs? It’s already happening.


November 24, 2010

More than ever, seniors who rely on Medicare need to carefully evaluate the dizzying array of prescription drug plan choices available to them, as the 2011 enrollment period for Medicare Part D drug benefit program goes into high gear, independent pharmacy leaders declared Tuesday.

November 24, 2010

UnitedHealth Group will start a program next year that it said can reduce drug costs to as low as $2 per script, the company said Tuesday.

November 16, 2010

With the holiday season just around the corner, CVS/pharmacy is encouraging older adults and their...

November 15, 2010

The Centers for Medicare and Medicaid Services has proposed a rule shortening the traditional 30-day...

November 14, 2010

Humana and Wal-Mart Stores on Monday announced that Mary Lee Reinscheld became the first Medicare...

November 14, 2010

In an effort to help seniors navigate changes in Medicare Part D plans, Walgreens is...

November 9, 2010

Budget cuts in Washington state to its Medicaid programs have created a “perilous situation” for...

November 9, 2010

Rite Aid on Wednesday announced its pharmacists have been prepared to assist seniors during the...

November 4, 2010

Under the Affordable Care Act, the average savings for those enrolled in traditional Medicare is...

October 24, 2010

Some say it cheapens patient care and reduces quality. The nation’s fourth-biggest pharmacy retailer and...

October 18, 2010

October is American Pharmacists Month, and Kinney Drugs has spent it educating patients about the...

October 11, 2010

The Medicare prescription drug benefit continues to enjoy strong support among the country’s seniors, according...

October 4, 2010

Shortly after Walmart and Humana announced that they would offer a Medicare Part D prescription...

October 1, 2010

Walmart and Humana on Friday unveiled a new Medicare Part D prescription drug offering designed to help both companies gain market share and save money for those enrolled in the program ...

September 30, 2010

The independent pharmacy industry is crying foul over a new plan by Walmart and insurance...

September 30, 2010

Launching a pre-emptive campaign to capture a major share of the Medicare prescription market, Walmart...