Walgreens extends price guarantee to ESI for Tricare pharmacy program
DEERFIELD, Ill. — In an effort to continue serving the U.S. Department of Defense's Tricare pharmacy program in 2012, Walgreens has offered a new proposal to Express Scripts.
In what it calls "an ironclad guarantee," Walgreens said that the drug store chain's prices would match or beat the average costs per adjusted prescription of all other pharmacies in the Tricare network. Walgreens added that it will produce savings for the program "without disrupting beneficiaries’ choice of a network pharmacy provider."
Taking its proposal further, Walgreens said that "in the event that [Walgreens] reaches an agreement with Express Scripts that included lower rates than those proposed for Tricare, then Tricare would have the option to switch to those rates. This most recent proposal of Walgreens would guarantee that no additional costs would be incurred by [ESI] or the Tricare pharmacy program as a result of keeping Walgreens in its pharmacy network."
As previously reported by Drug Store News, Walgreens announced its withdrawal from the Express Scripts pharmacy network come January. Earlier this month, however, the two reached an agreement pertaining to MMM Healthcare and PMC Medicare Choice plans in Puetro Rico, which will allow MMM and PMC members to have continued access to the Walgreens pharmacy network.