Retailers Offering Low-Cost Generics Shake Drug Market
While health care analysts agree that consumers will benefit from Wal-Mart's recent decision to sell certain generic drugs for $4 a month, there's plenty of debate on the impact cheaper generics will have on competition at the retail and PBM levels and on consumerism.Wal-Mart Stores Inc., announced in mid-September that it was launching a test program to sell 291 generic drugs for $4 a prescription in the Tampa area. Shortly thereafter, the company decided to expand the discount program to dozens of states.
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