Thursday, September 21, 2006

Wal Mart to Sell Generic Drugs for $4 in Florida

from MyWay News

Wal-Mart announced today that it will start a test program in Florida, where it will sell generic prescription drugs for $4 for a 30-day supply. The test will start tomorrow in 65 Tampa Bay-area stores and is to expand to the whole state by January. On average, generic drugs tend to cost between $10 and $30 for a month-long supply.

The world's biggest retailer said that it will test the program in Florida that will make 291 generic drugs available, which are used to treat a variety of condition from allergies to high-blood pressure. It will also be available to the uninsured.

Wal-Mart's recent moves to improve its health care plan include relaxing eligibility requirements for its part-time employees who want health insurance, and extending coverage for the first time to the children of those employees. Part-time employees, who had to work for Wal-Mart for two years to qualify, now have to work at the company for one year. This year, Wal-Mart also expanded a trial run of in-store clinics, aimed at providing lower cost non-emergency health care to the public. Last October, Wal-Mart offered a new lower-premium insurance aimed at getting more of its work force on company plans.

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