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Retail pharmacy provides viable solution to health exchange insurance conundrum
According to reports, as many as 2.1 million Americans signed up for new insurance coverage that went into effect Jan. 1. However, even though these newly insured people had coverage, what they perhaps didn't have was the identification card to process claims, such as prescriptions, for example. But don't worry, retail pharmacy was fast to the rescue, offering those 2.1 million patients who had obtained insurance through a health exchange the benefit of the doubt and a 30-day supply of their prescriptions at no upfront cost once their coverage was verified.
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Rite Aid reports increase in sales, comps for December
CAMP HILL, Pa. — Rite Aid reported a 2.9% increase in same-store sales for the month of December, the retail pharmacy chain said Friday.
For the four-week period that ended Saturday, front-end same-store sales increased by 1%, while pharmacy same-store sales increased by 4.1%, including a 1% negative effect from the introduction of new generic drugs. Meanwhile, a decrease in sales of flu shots and prescription flu drugs resulted in a 2% decrease in same-store script count.
Total sales were $2.109 billion, an increase of 2.7% over December 2012.