From Deseret News archives:
$4 drugs for real?
Wal-Mart expands plan to Utah; pharmacist group calls it a stunt
On Thursday, Wal-Mart Stores Inc. announced its 40 pharmacies in Utah would offer $4 pricing on 331 generic prescriptions ranging from antibiotics and cholesterol medications to cardiac and diabetes drugs.
But Wal-Mart's new pricing plan will have little impact on independent pharmacists, said Hanks, whose pharmacy dispenses about 500 prescriptions a day and has been around for 70 years.
"It's basically a marketing scheme. They are being very selective on which generics they are putting on their list," Hanks said. There are 8,700 generic prescription drugs approved by federal regulators. "Almost everything on that list is maintenance medication and very inexpensive. We all have to make some margin on all the really expensive drugs just to stay in business, and Wal-Mart's margin on the name brands is no different from anyone else's."
Wal-Mart on Thursday announced plans to expand the program in 11 states: Utah, Idaho, Kentucky, Maine, Massachusetts, Nebraska, Oklahoma, Rhode Island, South Carolina, Washington and West Virginia. Wal-Mart stores in 38 states now offer the plan.
"These are commonly prescribed drugs," said Gerry Hassell, pharmacy district manager for Wal-Mart in Utah. "We estimate that this list of $4 prescription medications represents nearly one in four of all prescriptions that we currently dispense in our pharmacies across the nation."
The National Community Pharmacists Association criticized the news, calling the campaign a "PR stunt."
The association said that there are only about 150 different drugs of the 331 prescriptions offered under the $4 pricing plan. For example, there are 12 different versions of the antibiotic amoxicillin, the association said.
"Wal-Mart's original list included none of the generic statins used to treat high cholesterol," Bruce Roberts, NCPA executive vice president, said in a prepared statement. "After much criticism, the company added the oldest and weakest one and with one of the worst profiles for side effects. Patients deserve good care. Instead they are being used by Wal-Mart just to drive traffic to their stores."
However, for shoppers like Marie Knickrehm of Bountiful, the $4 generic pricing offers real savings over her prescription drug insurance plan, which typically involves a $10 to $50 co-pay. In addition, Knickrehm said she would likely shop at Wal-Mart over other retailers because of the new pricing plan.
Comments
- Ex-Bear Stearns managers acquitted 9:25 p.m.
- Deseret Book's new Orem location 9:06 p.m.
- Home prices fell in 8 of 10 cities 9:06 p.m.
- Madoff beneficiary willed $ to charity 9:05 p.m.
- Report: 1 in 5 on mortgage relief 9:04 p.m.
- Adobe says it will cut 680 jobs 9:03 p.m.
- Utility worker killed in Roosevelt 8:57 p.m.
- 12 Utes return to Texas 8:56 p.m.
- 4A preview: Springville vs. Dixie 8:54 p.m.
- Senate Demos move to curb Fed 8:50 p.m.
- Utah group finds homes for orphans
- Pratt pleads not guilty to sex charges
- Y. tight ends talented tandem
- Jazz blow big lead, hang on
- Utes get extra motivation
- Senators want food tax restored
- Hair-pulling raises more questions
- BYU soccer incident still popular
- Lobo land like home for BYU lineman
- U. hopes to keep clicking
- House passes health care bill
260 - TCU showdown has big implications
187 - Lobo suspended
185 - Cougars crush hapless Cowboys
155 - Senators want food tax restored
147 - Utah Jazz fall apart against Kings
131 - TCU 4th in AP poll; U. 16th, Y. 22nd
119 - No 'backlash' for pioneers, gays analogy
104 - S.L. vote pending on gay protections
104 - RSL rallies to advance
103
Maybe someone out there can help me understand how raising the state...
As a Calgary Stampeder fan it is hard to give props to the competition, but...
Nice job to all all staters! C most of you if not all of you in Basketball
After the TCU beat down, I'm embarrassed to even mention the words...
The church has always had the stance of defence of traditional marriage, so...
The headline, as usual, is misleading. It should read "LDS Church Reaffirms...
We don't need anymore bad mouthin on here from Dixie or Springville!!! it'll...
why are you guys making fun of a poor high school kid getting excited about...
LET IT ALL HANG OUT FELLA'S!!!! You will always regret it if you dont i...
Great statement and position - I can only hope that people who disagree will...
@Gayle: If you read the article you will note that the church is simply...



You can be the first to comment on this story.