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| Friday September 22 2006 06: 49 PM
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I was tickled to see this "new" Wal-Mart emerge..very kewl and hopeful methinks.
This was from the Alliance for Retired Amerian's site.
Wal-Mart Sets $4 Price for Many Generic Drugs
Retailing giant Wal-Mart, known for forcing prices down to dominate markets, said yesterday that it would sell nearly 300 generic drugs for $4 per prescription, whether or not a customer has insurance. According to The Washington Post, using its might as the nation's largest retailer and its ability to force suppliers to cut prices to the bone, the company will begin the $4 price program in its 65 stores in the Tampa area today. It will expand the program to all of Florida in January, and to as many other states as possible by the end of 2007. "The federal government should look to its friends at Wal-Mart and see that negotiating bulk discounts on prescription drugs can reduce the cost to consumers," said Edward Coyle, Executive Director of the Alliance. He continued, "This action by Wal-Mart in no way absolves it of its many failures as a responsible employer. For example, three-quarters of a million Wal-Mart workers are uninsured or are on public health care. Wal-Mart passes on to taxpayers $1.2 billion in health care costs each year."
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