Towers Watson names Loblaw Companies preferred pharmacy for Towers Watson Canadian Rx Coalition
TORONTO — Towers Watson on Tuesday announced that it has selected Loblaw Companies as the preferred pharmacy services provider for its Towers Watson Canadian Rx Coalition, a collaborative network of private sector drug plan sponsors.
The arrangement with Loblaw is expected to improve employers' ability to offer their employees access to a robust range of drug store health resources and support overall health and wellness needs while enabling long-term sustainability of their benefits programs in the face of rising costs.
With approximately 500 pharmacies today in its network of banners, Loblaw is one of the largest full-service retail drug retailers operating in Canada, Towers Watson reported. Loblaw offers a variety of patient education programs and in-store dietitians to address the health and wellness needs of customers, and its stores are home to more than 100 medical clinics, 100 optical shops and 60 Goodlife Fitness facilities.