3 Chains Reach Deal on Mass. Medicaid
Reuters, Associated Press
Three drugstore chains will temporarily continue to fill Medicaid prescriptions in Massachusetts in exchange for the state’s reconsidering a planned cut in reimbursement rates.
Gov. Jane Swift announced the agreement, temporarily ending an impasse with CVS, Walgreens and Brooks Pharmacy, which had threatened to withdraw from the state’s Medicaid program because of an 11% reduction in prescription reimbursement rates.
Meanwhile, Walgreen Co. said it may have to pull out of the Medicaid program in Washington because of a cutback on Medicaid reimbursements intended to help plug a budget shortfall.
