Pharmaceuticals

Wal-mart: $10 for 90-day supply of generic drugs

Is the free market working?  Looks like.  Wal-mart just dropped its prices on pharmaceuticals.  According to a Marketwatch article (“Wal-mart…“) :

  • Wal-mart will fill prescriptions for as many as 350 generic drugs costing $10 for a 90-day supply
  • Over 1000 over-the-counter drugs are priced at $4 or less.  Many of these include Wal-mart own private label Equate brand.

Wal-mart must compete with some supermarket chains that are offering free generic drugs to draw consumers into the store.