Free COVID-19 Tests Rolling Out For Seniors On Medicare

Millions of seniors on Medicare can get up to eight free coronavirus home tests each month from pharmacies at more than a dozen national and regional chain retailers.  This has been a long time coming but I will certainly keep my eyes peeled to see if these show up on the shelves.  Locations which are now committed, according to the Centers for Medicare and Medicaid Services, are Albertsons, Costco, CVS, Food Lion, Giant, Hannaford, H-E-B, Hy-Vee, Kroger Family, Rite Aid, Stop & Shop, Walgreens and Walmart.

https://www.usatoday.com/story/news/health/2022/04/04/covid-tests-medicare-pharmacies-free/7265479001/

 

Costco Diving Deeper Into The Prescription Drug Market

Medicine tablets and capsules in containers

Amazon.com and Walmart Inc. have both jumped into the online pharmacy market and now Costco Wholesale Corp. is taking a different approach, with a focus on helping make prescription drug prices transparent for employers.  It has partnered with Navitus Health Solutions LLC, a small pharmacy benefit manager (PBM) which has a different business model than most PBMs.  Rather than taking a cut of rebates and discounts, they charge a flat free.  Costo recently purchased a minority stake in Navitus in a partnership which should benefit both employers and consumers.

https://www.bloomberg.com/news/articles/2021-04-22/costco-cost-health-care-approach-differs-from-amazon-amzn-walmart-wmt