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Express Scripts' New Surety Bond Requirement

Recently, Express Scripts started requiring that pharmacies seeking new enrollment provide a $500,000 surety bond as a condition of entering into the provider agreement. The cost of such a surety bond depends on the pharmacy and its owners' creditworthiness, but is still very high, and can easily exceed $15,000.

We urge new and prospective pharmacy owners to contact us at 212-668-0200 or by email at info@mdrxlaw.com to discuss this serious issue and possible solutions.

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Tuesday, January 21, 2020