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Walgreens & Express Scripts Negotiating

WSIU Public Broadcasting
Published December 23, 2011 at 5:32 PM CST

By St. Louis Public Radio

St. Louis, MO – The deadline for pharmacy benefits manager Express Scripts and Walgreens to reach a deal is fast approaching.

If the two companies cannot agree on reimbursement rates for drugs by the end of the year those who carry Express Scripts will not be able to get their prescriptions filled at Walgreens. With more than 77-hundred drug stores nation-wide, Walgreens spokesman Michael Polzin says it could be a hardship for some customers.

But Express Scripts says there is a drugstore within a half mile of most Walgreens.
And the St. Louis-based pharmacy benefits manager says it has agreements with all its employers and insurance providers to provide geographic access.
The companies' contract expires December 31st.
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