Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance > Life Insurance Strategies

Wal-Mart To Sell Many Generic Drugs For $4

X
Your article was successfully shared with the contacts you provided.

A giant retailer will be using its clout to push down generic drug prices in Florida.

Wal-Mart Stores Inc., Bentonville, Ark., said it will be starting a generic drug discount program by offering a 30-day supply of 291 generic drugs for $4 per prescription.

Wal-Mart will start by offering the program for in-store customers only at 65 company pharmacies in the Tampa Bay, Fla., area, the company says.

The program will expand to include all Wal-Mart stores in Florida in January 2007, the company says.

The program includes the company’s Neighborhood Market and Sam’s Club pharmacies as well as Wal-Mart pharmacies.

“Wal-Mart intends to take the program to as many states as possible next year,” the company says.

Pharmacies at Wal-Mart stores and sister stores will accept insurance payments for the $4 generic drugs, and they also will offer the program to the uninsured and other customers who pay for drugs out of pocket, Wal-Mart says.

The medicines included will include drugs used to treat allergies, cholesterol, high blood pressure and diabetes, Wal-Mart says.

The program also will include some antibiotics, antidepressants, antipsychotics and prescription vitamins, the company says.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.