Friday, September 22, 2006

Wal-Mart To Test $4 Generic Drugs

Wal-Mart, again, is helping low income consumers by offering 130 generic prescription drugs for only $4.00. They are testing it in Tampa to start and if it is successful it should go nation wide.

Here is another testament to Wal-Mart's commitment to it's core customer - the low income consumer.

Likely to benefit most from the discounter's plan unveiled Thursday will be Floridians without health insurance and seniors stuck in the coverage gap -- "doughnut hole" -- of Medicare's prescription drug program. Both groups now pay the total cost of their drugs and would save from a $4 prescription for drugs that usually sell for up to $30 per month.

The $4 plan covers 291 formulations of 130 drugs that Wal-Mart called the most commonly used generics. These include drugs for high blood pressure, heart disease, diabetes, infections, gastric distress, asthma and depression.

For example, consumers could save at least $8 on a 30-day supply of the heart drug lisinopril, which had cost $12 at Wal-Mart and costs about $20 at other drug chains. Also on the list is fluoxetine (generic Prozac), which costs about $25 for a 30-day supply at other chains.

Of course, the author of the above article couldn't help but take some swipes at the program and Wal-Mart.

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