With all the hubbub about healthcare, only a few are calling out about how competition — real competition, with known pricing, no bogus state line restrictions, and other innovations — will bring about improvements. I'm a big believer in dynamic market capitalism.
For the past few months Walgreens and Express Script have been negotiating and renegotiating their contract. Express Scripts basically is a prescription broker. They offer plans to employers and then pay pharmacies to provide the contracted service. In 2011, Walgreen'snbsp;filled about 88 million prescriptions for Express Script members. But as of the end of the year, Walgreens simply wasn't willing to accept the terms of the new contract, so it was not renewed.
This is the way it should be! Both Walgreens and Express Script have an interest in being profitable and to do that, they need customers who are pleased with their services. As Mitt Romney just said, “I like being able to fire people” who give me lousy service. And in this case Walgreens fired Express Scripts as their prescription middleman.
While this might seem to leave Walgreens' customers in the lurch — and having difficulty to fill their prescriptions easily — the aspect of competition has created a number of solutions. Among them are the fact that Walgreens is offering a special discount on annual memberships for it's Walgreens Prescription Savings Club. For $10 per year per family or $5 per year for individuals, you can get a discount on prescription services from Walgreens. The plan has other benefits, too:
- Flu shot discounts
- Pet prescriptions
- Diabetic supplies
- Bonuses for other Walgreens purchases
I want to choose from whom to buy my goods and services. If you's like to support Walgreens and follow the situation, nbsp;follow Walgreens on Twitter or friend Walgreens on Facebook. And if you're looking for affordable prescriptions, see how Walgreen's program will work for you.