Position: Good Morning Cleveland anchor/reporter
Some are closing stores across the country, including Northeast Ohio.While reports have cited different reasons, an expert News 5 spoke with believes the financial problems chains are having go back to pharmacy benefit managers.
“These are the guys who negotiate prices between drugstores and the insurers and the reimbursement rates have been falling, it’s a very thin line that these pharmacies are having to walk,” said Senior Writer and Researcher forDrugWatch.Com, Terry Turner. “So when they close stores, they’re closing the stores that are making them the least money and that tends to be in poorer neighborhoods where people have less money to spend on their medication.”
Turner said there are pharmacy deserts. Those are communities without pharmacies or without easy access to pharmacies.There isn’t an easy way to address the issue, said Turner. “Unless you have insurance that will allow you to have your medications delivered to you, but again, it’s something that not all people can afford to do.”
He said we have to provide medication to people in need. “We have to find a way, and that may be a government solution in the end and it may be something that, the states or federal government takes up to make sure that nobody is too far away from a prescription drug supply.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why BofA thinks this company is in a 'good position' to capitalize on AI demandWhy BofA thinks this company is in a 'good position' to capitalize on AI demand
Read more »
Could history be the key to creating a thriving city today?Position: Good Morning Cleveland anchor/reporter
Read more »
Could Artificial Intelligence hold the key to a cure for ALS? Researchers say yes.Position: Good Morning Cleveland anchor/reporter
Read more »
University Hospitals works to address shortage of migraine specialistsPosition: Good Morning Cleveland anchor/reporter
Read more »
LIST: 10 things you can do now that could prevent Alzheimer's diseasePosition: Good Morning Cleveland anchor/reporter
Read more »
Men's health should be a priority year-roundPosition: Good Morning Cleveland anchor/reporter
Read more »