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November 2006 »

Wal-Mart Offers Some Generic Drugs For $4

28 November, 2006

Wal-Mart and Target stores across the nation have rolled out low-cost drug programs this week, charging $4 for more than 300 generic drugs.

But the state's Unfair Sales Act prevents retailers from selling products below cost. The move is designed to protect small businesses from being undersold. That means about 30 drugs in certain doses will cost $9.

"(The law) talks about being deceptive to consumers … bringing them into the store to buy something really cheap and then having all these other goods available at higher prices," said Janet Jenkins with the Wisconsin Department of Consumer Protection.

Wal-Mart pharmacist Teresa Geier said there are many people she sees who can't afford their prescriptions.

"There are a lot of people that don't have insurance, and sometimes they make decisions on whether they take their medications or they eat for the day," Geier said.

But some local pharmacies said that the move by Wal-Mart and Target will make it hard for them to compete in the marketplace.

Despite having higher wholesale costs, other local pharmacies could match the $4 and $9 prices to compete, but some said that doesn't seem likely.

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