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  2. US says Rite Aid to pay $101mln over alleged false rebate ...

    www.aol.com/news/us-says-rite-aid-pay-174338184.html

    Rite Aid Corporation and several of its subsidiaries agreed to pay $101 million to resolve allegations of failing to accurately report drug rebates to Medicare, the U.S. Justice Department said on ...

  3. Biden administration to impose inflation penalties on dozens ...

    www.aol.com/news/dozens-companies-raised-drug...

    BETHESDA, Md. (Reuters) -The Biden administration said on Thursday it had identified 48 drugs in the Medicare program whose prices rose quicker than inflation during the fourth quarter of the year ...

  4. Rite Aid shutting down 27 more locations, bringing closure ...

    www.aol.com/news/rite-aid-shutting-down-27...

    Updated June 20, 2024 at 8:17 AM. Angus Mordant. Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing. The store locations ...

  5. Medicare Prescription Drug, Improvement, and Modernization Act

    en.wikipedia.org/wiki/Medicare_Prescription_Drug...

    American Hospital Association v. Becerra, No. 20-1114, 596 U.S. ___ (2022) The Medicare Prescription Drug, Improvement, and Modernization Act, [1] also called the Medicare Modernization Act or MMA, is a federal law of the United States, enacted in 2003. [2] It produced the largest overhaul of Medicare in the public health program's 38-year history.

  6. Medicare Part D - Wikipedia

    en.wikipedia.org/wiki/Medicare_Part_D

    Medicare Part D. Centers for Medicare and Medicaid Services logo. Medicare Part D, also called the Medicare prescription drug benefit, is an optional United States federal-government program to help Medicare beneficiaries pay for self-administered prescription drugs. [1] Part D was enacted as part of the Medicare Modernization Act of 2003 and ...

  7. Retiree Drug Subsidy - Wikipedia

    en.wikipedia.org/wiki/Retiree_Drug_Subsidy

    The Retiree Drug Subsidy Program is a program offered by the Centers for Medicare & Medicaid Services (CMS) to reimburse health plan sponsors (municipalities, unions and private employers) for a portion of their eligible expenses for retiree prescription drug benefits. This enables Plan Sponsors to continue providing drug coverage to their ...

  8. Rite Aid Is Closing 150 Stores in 15 States - AOL

    www.aol.com/finance/rite-aid-closing-150-stores...

    Rite Aid filed a petition under Chapter 11 of the U.S. Bankruptcy Code on Oct. 15 amid flagging sales, mounting debt and several opioid-related lawsuits. ... senior lecturer in health policy at ...

  9. Rite Aid is closing nearly 100 stores, with more to follow ...

    www.aol.com/rite-aid-closing-nearly-100...

    Rite Aid is in much worse financial shape than its competitors. Over the past six years, Rite Aid has tallied nearly $3 billion in losses. While it has secured $3.5 billion in financing and debt ...

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