The enhancement allows members to receive generic versions of certain specialty medications at a $0 copay and has the potential to provide an average savings of up to $40,000 annually.
Driven by a reduction in COVID-19 vaccines and testing revenue, as well as store closures, Rite Aid’s retail pharmacy segment revenues decreased over the prior-year quarter.
Rite Aid announced that at select Rite Aid locations, including Rite Aid-owned Bartell Drugs, it will be providing Pfizer-BioNTech COVID-19 vaccines to children ages 3 years old and older once shipments arrive to select pharmacies later this week.
In response to the lingering COVID-19 pandemic, retailers, including Hy-Vee, Rite Aid, Kroger, Wegmans and H-E-B, are expanding COVID-19 vaccinations to adults and children, antiviral medications and COVID-19 tests.
Rite Aid customers who shop online will be able to pay for their purchases by using Afterpay to make four installments at no additional cost when paid on time.