By Michael Dorausch, D.C.
I started seeing news earlier this week that Wal-Mart was going to slash prices on generic drugs. I then began seeing news this weekend that Target was going to follow Wal-Marts lead and also dramatically cut prices on prescription drugs.
I’ve been checking some news sources and it looks like they (Wal-Mart) are only rolling out the generic drug program ($4 prescriptions) in Tampa, Florida. I would suspect that if the move goes well they’ll begin dropping prices on drugs throughout the nation. In fact, some news reports suggest that Wal-Mart will begin selling discounted drugs throughout the nation by sometime next year.
I have to be honest, I didn’t know you could buy drugs at Wal-Mart or Target. I didn’t even know there was a Wal-Mart store in Los Angeles until I did a search today using a Wal-Mart store locator. Turns out Wal-Mart store #2960 is on South Crenshaw Boulevard in LA, about 10 miles from my house. I don’t usually hang out in Crenshaw so I probably won’t be going there anytime soon, especially to buy discount pharmaceuticals.
I searched for a Target near me and it turns out they are even closer. I located a Target store in Culver City and one in Los Angeles, on La Cienega Blvd. Both are about 5 miles from my home in Venice. I love those Men’s Mossimo Cargo Shorts they have and I wouldn’t mind getting those for under five bucks, even though $17.99 is already a good deal. It’s funny what you begin to see when you start looking for it. Now that I’m on the Target web site I notice all sorts of info for their store pharmacy. Looks like they’re definitely in the business of selling drugs, as well as those cool men’s shorts. In fact, the whole reason these megastores are willing to sell drugs on the cheap is that consumers will typically spend money on other profit earning items while in the store.
I did a search for Wal-Mart and saw an interesting Google Adsense ad that read “Until WalMart Lowers Drug Prices Save up to 90% Here – Home Delivery.” Looks like others are happy to sell prescription drugs at a discount. Not everyone is smiling though. As is to be expected, local drug dealers (pharmacists) are concerned with these big megastores moving into their market.
There must be 400 or so related articles circulating this week regarding Target, Wal-Mart, and whoever else is deciding to deeply drop their prices on the selling of prescription drugs. Many of the articles are suggesting how great this is for the consumer as the cost of drugs will be decreased, there will be less reliance on Medicare, and folks may not have to worry as much about having insurance to buy their drugs. I always give these crazy suggestions but wouldn’t we all be better off not relying on drugs in the first place?
planetc1.com-news @ 3:50 pm | Article ID: 1159149046