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

Life Health > Health Insurance > Life Insurance Strategies

Wal-Mart Speeds Up Drug Program Launch

Your article was successfully shared with the contacts you provided.

A large retailer says it will be accelerating expansion of a flat-rate generic prescription program.

Wal-Mart Stores Inc., Bentonville, Ark., will begin offering $4 prescriptions for generic drugs throughout Florida starting Friday, the company says.

Wal-Mart began testing the flat-rate generic program in Tampa Bay, Fla., Sept 21. Consumers have filled 36,000 $4 prescriptions since the program started, Wal-Mart says.

The statewide expansion is occurring about 4 months earlier than Wal-Mart had expected, the company says.

Wal-Mart also has decided to increase the number of drugs covered to 314, from 300, and the list will include the cholesterol-reduction drug Lovastatin and the cancer drug Megestrol, the company says.

The $4 drug list accounts for about 30% of prescriptions dispensed through Wal-Mart pharmacies and pharmacies at sister retail chains in Florida, Wal-Mart says.


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