Walgreens Plans to Drop Express Scripts

DEERFIELD, Ill. — Walgreens said Tuesday that after several months of negotiations it has failed to reach a contract agreement with pharmacy benefit manager Express Scripts, and as a result the drug chain will drop the Express Scripts network as of Dec. 31, 2011.

At issue in the negotiations were clear terms of the agreement and unacceptable reimbursement rates that Walgreens said was below the industry average cost especially for Department of Defense Tricare progr

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