Walgreens (NYSE: WAG)(NASDAQ: WAG) will continue filling Medicaid
prescriptions at its Washington state pharmacies through March 15. The
company, which operates 121 pharmacies in Washington, announced on Jan.
13 it would stop filling Medicaid prescriptions in 64 of its stores
because of continued reduction in reimbursement under the State of
Washington Medicaid program. The decision to delay the withdrawal from
the program comes as constructive talks continue between the state and
the company.
“We’re encouraged by the state’s willingness to continue working with us
to find a solution that will allow all of our stores to continue serving
our Medicaid patients”
“We’re encouraged by the state’s willingness to continue working with us
to find a solution that will allow all of our stores to continue serving
our Medicaid patients,” said Kermit Crawford, Walgreens senior vice
president of pharmacy. “We recognize the budget challenges the
administration and the Legislature face and we’re optimistic that our
continued talks will result in a solution that will provide the savings
the state is looking for, while allowing pharmacies to maintain service
for those patients with the most need and the fewest options.”
"I appreciate Walgreens decision to delay any withdrawal from Medicaid,
and the thoughtful ideas they've brought to us for reducing overall
pharmacy costs,” said Susan Dreyfus, secretary of the Washington State
Department of Social and Health Services. “I am committed to working
constructively with them, the entire pharmacy community, and the
Legislature on further strategies that will allow us to meet the needs
of our Medicaid enrollees within a very difficult budget environment."