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Vermont pharmacy benefit regulations take effect

Vt Digger - - 8:48 am Wed Jul 9th, 2014

Rich Harvie, co-owner of Montpelier Pharmacy, said he has taken out loans totaling hundreds of thousands of dollars to cover late payments from pharmacy benefit management companies.

"It's grossly unfair," Harvie said. His pharmacy must pay suppliers every 10 days, but the companies that pay pharmacy claims for health plans sometimes take a month or longer.

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Relevant Address(es):
Washington, VT 05675 (Set as Local)
Montpelier, VT 05602 (Set as Local)

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