Long-Time Independent Pharmacy Abruptly Closes In Naugatuck

NAUGATUCK, CT — Ford Pharmacy and Medical Supply located at 2 Church St. abruptly closed this week, the Republican-American reports. Why did the independent pharmacy close this week?

The owner told the Rep-Am that the high cost of doing business combined with low reimbursement rates from insurance companies were the biggest issues. For example, fees have grown seven-fold in less than five years to $150,000.

Rite Aid will hire the displaced employees and has acquired the business' customer list, the Rep-Am reports.

According to its website, "Ford Pharmacy and Medical supply has been a staple of downtown Naugatuck for over half a century. You will always work with someone at our pharmacy who greets you by name, and our pharmacists take the time to counsel you and answer your questions. Visit us for all your healthcare needs! We accept most prescription insurance plans."

>>>Read More at the Rep-Am here.