Rite Aid closings draw attention from Harrisburg, Giant Eagle - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
August 13, 2025 Newswires
Share
Share
Tweet
Email

Rite Aid closings draw attention from Harrisburg, Giant Eagle

PATRICK CLOONAN For The Leader TimesLeader Times

In the wake of Rite Aid store closings across Pennsylvania, there are two new developments regarding prescription medications — one by a major area supermarket chain, the other by the Pennsylvania Insurance Department.

The state Insurance Department is urging health insurers and pharmacy benefit managers to take immediate steps to protect patients' access to prescription medication as many Pennsylvanians look for a new pharmacy.

"We are asking insurers and PBMs to do everything they can to ensure Pennsylvanians' prescription access is smoothly transitioned to other pharmacies," Pennsylvania Insurance Commissioner Michael Humphreys said recently. "If insurers, PBMs and pharmacies work together, we can make sure that Pennsylvania families can obtain the care and medications they need without having to deal with unnecessary red tape."

Meanwhile, Giant Eagle Inc. appears to be trying to do just that as the latest pharmacy chain to join the Mark Cuban Cost Plus Drugs retailer network.

Pittsburgh native Cuban's company has a mission to offer safe medicines at the lowest possible price, by negotiating drug prices directly with manufacturers and providing patients with transparency on the costs that go into providing the medications.

"Our goal is to dramatically reduce the cost of drugs," Cuban said. "But we also think that it is just as important to introduce transparency to the pricing of drugs so patients know they are getting a fair price. Partnerships with retailers like Giant Eagle Pharmacy help us move our mission forward."

Giant Eagle Pharmacy customers who participate in the Cost Plus Drugs program can pick up qualifying prescriptions at one of more than 200 Giant Eagle Pharmacy locations throughout Pennsylvania, Ohio, West Virginia, Maryland and Indiana, including outlets in White Township, Northern Cambria, Leechburg (Allegheny Township, Westmoreland County), Johnstown, Ebensburg, Latrobe (Mountain Laurel Plaza), Ligonier, Greensburg (Hempfield Township), Lower Burrell, Export and Sarver.

Team Cuban Card pharmacy benefit card can be used there and at all other Cost Plus Drugs affiliate pharmacies, including Martin's in White Township, Ross Grant Avenue Pharmacy in Vandergrift, and Hayden's in Donegal.

"We pride ourselves on running a nationally recognized pharmacy and drugstore business where our licensed pharmacists and pharmacy technicians are committed to delivering trusted, personalized care," Giant Eagle CEO Bill Artman said. "Being part of the Cost Plus Drugs network ensures that our services are available to as many people across our communities as possible."

Those interested in learning more about Mark Cuban Cost Plus Drug Company and registering for a Team Cuban Card can visit: teamcubancard.com.

Meanwhile, Insurance Commissioner Humphreys said a notice published in the official Pennsylvania Bulletin is a reminder to insurers and PBMs that network adequacy rules are in place to protect consumers.

"These provisions are in place to ensure that covered individuals have adequate and available access to services, including through retail pharmacies," according to Notice 2025-07, dated Aug. 9. "The (Pennsylvania Insurance) Department expects that the PBM will make alternative arrangements with out-of-network pharmacies (with in-network cost-sharing) as needed to maintain prompt and convenient access for patients."

The department said any health insurer "unable to meet the Commonwealth's time or distance standards related to pharmacy access for patients affected by a Rite Aid closure should contact (the department) immediately."

Humphreys said questions regarding that notice may be directed to the Bureau of Health Coverage Access, Administration, and Appeals at [email protected] or by calling either (717) 787-4192 or (888) 466-2787.

Older

Navigant Capital Partners Establishes Foundational Partnership with Marketplace 4 Insurance

Newer

AXIS Launches AXIS Capacity Solutions

Advisor News

  • Global economic growth will moderate as the labor force shrinks
  • Estate planning during the great wealth transfer
  • Main Street families need trusted financial guidance to navigate the new Trump Accounts
  • Are the holidays a good time to have a long-term care conversation?
  • Gen X unsure whether they can catch up with retirement saving
More Advisor News

Annuity News

  • Pension buy-in sales up, PRT sales down in mixed Q3, LIMRA reports
  • Life insurance and annuities: Reassuring ‘tired’ clients in 2026
  • Insurance Compact warns NAIC some annuity designs ‘quite complicated’
  • MONTGOMERY COUNTY MAN SENTENCED TO FEDERAL PRISON FOR DEFRAUDING ELDERLY VICTIMS OF HUNDREDS OF THOUSANDS OF DOLLARS
  • New York Life continues to close in on Athene; annuity sales up 50%
More Annuity News

Health/Employee Benefits News

  • Guess which country pays the most for health care
  • GUEST COLUMN: Working is no guarantee you’ll have health insurance
  • THE PUBLIC PULSE Sunday Public Pulse
  • Stafford woman's premiums set to rise to $2,240 a month Stafford woman's premiums set to rise to $2,240 a month
  • Dec. 15 last day for ACA health coverage starting Jan. 1
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Legals for December, 12 2025
  • AM Best Affirms Credit Ratings of Manulife Financial Corporation and Its Subsidiaries
  • AM Best Upgrades Credit Ratings of Starr International Insurance (Thailand) Public Company Limited
  • PROMOTING INNOVATION WHILE GUARDING AGAINST FINANCIAL STABILITY RISKS ˆ SPEECH BY RANDY KROSZNER
  • Life insurance and annuities: Reassuring ‘tired’ clients in 2026
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
  • ePIC University: Empowering Advisors to Integrate Estate Planning Into Their Practice With Confidence
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet