National News-Wal-Mart will offer generic medications for $10 for a 90-day supply, which previously cost $4 for a 30-day supply, offering more over-the-counter medications at $4. About 350 generics are covered. At the same time, Target’s prescription drug program now includes an expanded assortment of $4 prescription drugs, 90-day supply of these medications for $10 and OTC medications for $4 or less.
National News-Wal-Mart will offer generic medications for $10 for a 90-day supply, which previously cost $4 for a 30-day supply, offering more over-the-counter medications at $4. About 350 generics are covered. At the same time, Target’s prescription drug program now includes an expanded assortment of $4 prescription drugs, 90-day supply of these medications for $10 and OTC medications for $4 or less.
Wal-Mart’s discount generic drug program operates in 49 states and has saved consumers $1 billion since its inception in September 2006 in Tampa, according to the company. The program is available in 4,000 Wal-Marts, Sam's Club and Neighborhood Market pharmacies. Wal-Mart doesn't have any store locations in North Dakota. In Florida, the generic discount program is said to have saved customers $81.4 million since its launching.
Kathee Tesja, executive vice president, merchandising for Target says: “We understand the economic challenges our guests are facing and remain committed, as always, to meeting their health and wellness needs at a great value.”
Still, some believe that the overall impact of these types of programs has not been that significant in terms of savings.
“Most of the drugs on the top 10 to 15 most-prescribed list are brand name drugs which would not be eligible in Wal-Mart’s program which covers mainly generic drugs,” says Debra Devereaux, MBA, RPh., FASHP, ?senior consultant, pharmacy benefits, Gorman Health Group. “Their lower prices for extended supply are similar to mail order plans in existence.”
Conversations With Perry and Friends
April 14th 2025Perry Cohen, Pharm.D., a longtime member of the Managed Healthcare Executive editorial advisory board, is host of the Conversations with Perry and Friends podcast. His guest this episode is John Baackes, the former CEO of L.A. Care Health Plan.
Listen
Ohio’s Medicaid Work Requirement Efforts Aim to Boost Engagement, Avoid Coverage Loss
April 18th 2025Maureen Corcoran, director of the Ohio Department of Medicaid, believes the work requirement policy can be both a financial and moral effort to improve the lives of Medicaid consumers.
Read More
Breaking Down Health Plans, HSAs, AI With Paul Fronstin of EBRI
November 19th 2024Featured in this latest episode of Tuning In to the C-Suite podcast is Paul Fronstin, director of health benefits research at EBRI, who shed light on the evolving landscape of health benefits with editors of Managed Healthcare Executive.
Listen
Why Better Data and Awareness Matters for Medicaid Work Requirements
April 17th 2025With policymakers considering work requirements for Medicaid eligibility, Jennifer Haley, principal research associate in the Health Policy Division at the Urban Institute, said it’s more important than ever to understand how those changes could unintentionally cause harm, particularly when data systems fall short and public awareness is limited.
Read More