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Walgreen's Revamps Employee Health Care Package

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Walgreen's Revamps Employee Health Care Package

Business

Walgreen's Revamps Employee Health Care Package

Walgreen's Revamps Employee Health Care Package

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  • <iframe src="https://www.npr.org/player/embed/223627230/223627215" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The pharmacy chain is expected to announce that it will provide payments to employees so they can shop around for their own insurance. That is in lieu of supplying a company-sponsored benefit plan.

RENEE MONTAGNE, HOST:

NPR's business news begins with a prescription for change at Walgreens.

(SOUNDBITE OF MUSIC)

MONTAGNE: The pharmacy chain is revamping its employee health care benefit package. Walgreens is expected to announce today it will provide payments to employees so they can shop around for their own insurance. This is in lieu of supplying a company-sponsored benefit plan.

Walgreens cites rising healthcare costs, plus expenses associated with the Affordable Care Act as a reason for the change.

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