Walmart expands cheap drug program

Reuters/NY Times:

Wal-Mart Stores Inc expanded its low-priced drug program, saying on Monday that it is now offering more than 1,000 over-the-counter items for $4 or less and selling some 90-day generic prescriptions for $10.

Wal-Mart also increased the number of women's medications it offers at a discount.

"We expect that today's extension will generate additional pharmacy volume for the company, especially given the current weak consumer environment and rising health-care costs," Uta Werner, a retail analyst with Sanford C. Bernstein & Co, wrote in a research note.

Later on Monday, Wal-Mart's rival Target Corp said it was cutting prices on prescription and over-the-counter medications.

In 2006, Wal-Mart began selling some generic drugs for $4 per monthly prescription in Florida, and it quickly extended the program to all its U.S. pharmacies.

...

This is a good deal. My health insurance program has a $3 copay but it is by mail order so if I am in a hurry, I just run by Walmart for generic prescriptions. I suspect that the Walmart price is very competitive with many drug programs. It must make Democrats sick.

Comments

  1. JOSIE3:35 AM

    Costco charges a small percentage over cost for their prescriptions. Check them out online.

    ReplyDelete

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