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Walgreen's Revamps Employee Health Care Package

Sep 18, 2013
Originally published on September 18, 2013 4:10 am
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RENEE MONTAGNE, HOST:

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

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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. Transcript provided by NPR, Copyright NPR.