I haven't seen this program promoted much yet, but Wal-Mart is planning to sell generic prescription drugs for $4. What an evil corporation!
"Each day in our pharmacies we see customers struggle with the cost of prescription drugs," said Wal-Mart CEO H. Lee Scott, Jr., in a statement. "By cutting the cost of many generics to $4, we are helping to ensure that our customers and associates get the medicines they need at a price they can afford."
The initiative would be the fourth time since last October that Wal- Mart has moved to improve health benefits.
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.
Wal-Mart contributes greatly to America's standard of living, both by providing more than a million jobs and by selling all sorts of stuff at great prices. Does anyone know if Wal-Mart manufactures these generic drugs itself?