1199SEIU; UFCW; Ilwu

Hundreds of Benefit Fund Trustees Question Viability of Rite Aid Pharmacy Benefit Management Company

Published in Health Business Week, November 23rd, 2007

More than five hundred attendees at the International Foundation Employee Benefits conference in Anaheim, CA., walked through the convention center in the opening hours of the convention on Sunday carrying bags that say: Trust Rite Aid' Think Twice! Most of the attendees are involved in administering union health care and pension trusts.

Their message is related to Rite Aid, the nation's third-largest drug chain and its attempt to boost its fledgling two-year old pharmacy benefits management company (Rite Aid Solutions) at the conference. Problems plague the company as they struggle with plummeting stock, a consumer fraud suit and escalating labor disputes. They are...

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Source: Health Business Week (2007-11-23)

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