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CVS Caremark prepared to help customers with new Affordable Care Act coverage

BY Antoinette Alexander

WOONSOCKET, R.I. — With coverage under the Affordable Care Act now underway for millions of Americans, CVS Caremark has announced that it is ready to help patients who may experience coverage issues or have questions as they access care and prescription medications under new plans for the first time.

"CVS/pharmacy is committed to assisting our patients who may encounter disruptions in their prescription insurance coverage beginning January 1," Helena Foulkes, president of CVS/pharmacy and EVP of CVS Caremark, said. "Our pharmacy teams will provide information to help patients contact the appropriate health plan or insurance exchange, and we are actively communicating with insurance plans and government agencies to help minimize disruption to care whenever possible."

In some circumstances and based on clinical considerations, CVS/pharmacy will assist patients who are experiencing a temporary disruption in insurance coverage with a transitional or "bridge" supply of medication to support their continuity of care. A bridge supply is a prescription of 15 or 30 days. For patients who express financial hardship, a bridge supply may be provided as a courtesy to help them remain adherent to their medication therapy while they resolve their coverage issues.

MinuteClinic will be providing similar flexibility for patients who may be in transition with their health care coverage.

"We want to play our part in the medical community to support our patients’ health care needs during this time because some plan details are still being determined," Andrew Sussman, president of MinuteClinic and SVP/associate chief medical officer for CVS Caremark, added.

"As a health care provider, CVS Caremark is dedicated to helping people on their path to better health," Foulkes noted. "As the ACA and other health insurance coverage changes roll out beginning January 1, we will do all we can to provide guidance and support for patients during this complex time."
 

 

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Report: Whole Foods acquiring six Dominick’s stores

BY Michael Johnsen

CHICAGO — Suitors for the remainder of Safeway’s Dominick’s stores in Chicago, which are now shuttering their doors, are beginning to come forward, according to a report published Saturday in the Chicago Sun-Times

Whole Foods has recently acquired six Dominick’s stores, the Sun-Times reported, citing real estate sources. And Jewel may buy as many as 16 Dominick’s locations. 

Regional operator Pete’s Fresh Market has been looking at as many as four locations, and will likely announce its intentions by Jan. 20, the Sun-Times reported. 

The purchase of as many as 10 Dominick’s stores may be under consideration by independent grocery chains affiliated with the Centrella cooperative, Crain’s Chicago Business reported earlier this month, citing sources close to the deal. 

Safeway announced in October its intended exit from the Chicago market altogether, where it at one time operated 72 Dominick’s stores, by early 2014. Now approximately 55 remain. 

Four stores were sold to New Albertsons in October. In early December, Safeway announced it had reached a definitive agreement to sell 11 of its Dominick’s stores in the Chicago metropolitan area in a cash and lease assumption transaction to Roundy’s. Roundy’s will take possession of the stores during a transition period that will take place over the next two months. 

And at least two Dominick’s stores have expiring leases, according to the Crain report. 

 

 

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Report: Giant Eagle expanding into Indianapolis market

BY Michael Johnsen

INDIANAPOLIS — Giant Eagle is expected to expand into the Indianapolis market, the Indianapolis Business Journal reported earlier this month, citing local real estate brokers. 

According to the report, the Pittsburgh grocer is exploring a 125,000-square-foot store at The Bridges development on 116th Street between Illinois Street and Springmill Road. Giant Eagle is looking to establish a total of six stores in the market, IBJ reported. 

Giant Eagle did not confirm the expansion plans to IBJ

 

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