1199SEIU; UFCW; Ilwu
Rite Aid's Fledgling Benefits Management Firm Hits Turbulence at Employee Benefits Conference in Anaheim
Published in Healthcare Finance, Tax and Law Weekly, November 21st, 2007
As it attempts to boost its two-year old pharmacy benefits management company (Rite Aid Solutions) at the International Foundation Employee Benefits conference in Anaheim, CA, problems continue to plague Rite Aid. The nation's third-largest drug chain is struggling with the integration of 1,854 newly acquired Brooks and Eckerd stores, a plummeting stock, a consumer fraud suit in New Jersey, and escalating labor disputes on both coasts. In addition, Rite Aid remains under the watchful eye of federal billing fraud monitors through May 2008.
The International Foundation expects to draw some 5,000 participants to its 53rd Annual Employee Benefits conference, held Nov. 3-7...
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