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Walgreens Boots Alliance maintains streak with quarterly dividend increase

BY Michael Johnsen

DEERFIELD, Ill. — The board of directors of Walgreens Boots Alliance on Wednesday declared a regular quarterly dividend of 36 cents per share, a 6.7% increase over the year ago dividend. 
 
The dividend is payable Dec. 11 to stockholders of record as of Nov. 16.
 
Walgreens Boots Alliance and its predecessor company, Walgreens, have paid a dividend in 332 straight quarters (83 years) and have raised the dividend for 40 consecutive years.
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Rite Aid’s Medicare Advisor tool will help seniors choose best plan

BY Michael Johnsen

CAMP HILL, Pa. — Rite Aid pharmacies nationwide are providing free resources to help its senior customers select the right prescription drug plan or update their existing coverage during the annual Medicare Part D enrollment period. Now through Dec. 7, 2015, customers can use Rite Aid's Medicare Advisor tool to request the three lowest-cost prescription drug plans based on current prescriptions filled at Rite Aid. 
 
Rite Aid's Medicare Advisor tool is available at any Rite Aid pharmacy and online.  
 
“As a retail healthcare company, Rite Aid is committed to providing its customers with the resources they need to help them reach their goal of leading healthier lives,” Jocelyn Konrad, EVP pharmacy for Rite Aid, said. “The Medicare Part D enrollment period is the perfect time for our patients to speak with our pharmacists about the tools we offer, including Medicare Advisor, which can help them select the drug plan to best fit their prescription needs.”
 
With Rite Aid's Medicare Advisor tool, customers can compare the estimated annual costs of various plans, including monthly premiums, brand and generic co-pays and drugs covered. Customers can then discuss their Medicare Advisor report with their Rite Aid pharmacists, who are available to answer questions they may have.
 
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CVS/pharmacy makes health insurance selection tools available to patients

BY Michael Johnsen

WOONSOCKET, R.I. — CVS/pharmacy on Thursday announced a comprehensive range of health insurance tools, resources and information to help people learn about their healthcare coverage options and enroll in a Medicare Part D, Health Insurance Marketplace or Medicaid plan that's right for them. 
 
“Ensuring that consumers can easily access information to help them make choices about health insurance coverage that is right for their individual needs is part of our purpose of helping people on their path to better health,” stated Josh Flum, EVP pharmacy services at CVS Health. “By providing resources in our stores and on our new comprehensive online Health Insurance Information Center, CVS/pharmacy is making health insurance information available whenever or wherever people choose to access it.”
 
CVS/pharmacy's enhanced Health Insurance Information Center is a one-stop online destination for customers with health insurance questions related to Medicare Part D, Marketplace and Medicaid health coverage. On the website, consumers can find information about Medicare Part D coverage options, determine their eligibility, and find and compare Part D plans. They can also use the Health Insurance Marketplace Calculator on the website to get an estimate of their eligibility for subsidies and how much they could spend on health insurance in the Marketplace. An online listing of in-store insurance informational events being held at select CVS/pharmacy locations nationwide is also available.  
 
CVS/pharmacy also will offer access to local and national health insurance plan materials in both English and Spanish in over 7,500 locations nationwide. In addition, more than 12,000 events will be held in select CVS/pharmacy stores across the country during the open enrollment periods, during which health insurance representatives will be available to provide Medicare Part D and Marketplace plan information directly to consumers.
 
Health insurance representatives from various Marketplace plans will also participate in select Project Health events. Project Health, CVS/pharmacy's annual free health screening campaign, is being held over the next four months at select CVS/pharmacy stores in multicultural communities across 20 markets. 
 
In addition, Health and Wellness Events will be held at select CVS/pharmacy locations in Los Angeles and New Jersey during the Medicare Part D annual enrollment period and in Atlanta, Dallas, Houston and Indianapolis during the Health Insurance Marketplace enrollment period. These events will provide customers with one-on-one access to health plan representatives, pharmacists, nutritionists and fitness instructors.
 
Earlier this week, CVS Health's SilverScript Insurance Company announced it is providing Medicare beneficiaries a choice from two SilverScript plans that offer $0 deductibles, lower premiums than the 2015 SilverScript plans in many states and low co-pays for several frequently prescribed drugs. 
 
Medicare Part D annual enrollment begins Oct. 15, 2015 and runs through Dec. 7, 2015. The enrollment period for Marketplace plans is Nov. 1, 2015 to Jan. 31, 2016.
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