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Wal-Mart announced this morning that it is expanding its generic prescription drug discount program – offering monthly supplies of more than 300 medicines for $4 – to the 11 states where it has not yet been available - California, Colorado, Connecticut, Hawaii, Louisiana, Minnesota, Montana, Pennsylvania, Tennessee, Wisconsin and Wyoming.

The company said that in the original 27 states where the program was rolled out, 2.1 million more new prescriptions were filled in those states as compared to the same time periods last year.

Just last week, Target Stores said that it would offer $4 monthly supplies for hundreds of generic prescription drugs in each of its 1,287 pharmacies across the country.
KC's View:
The dominos continue to fall…

Even as Wal-Mart makes this announcement, the News Leader reports that “pharmacies in 19 Price Cutter and Price Cutter Plus, Ramey and Smitty's grocery stores in the Ozarks began charging only $3 for more than 300 generic prescriptions on Thursday. The price applies to specific generic drugs with up to a 30-day supply of commonly prescribed dosages. Quantities of more than 30 days or above recommended dosages will be at usual and customary pricing, company officials said.”

We’ve said it before and we’ll say it again – these prescription drug discount programs are becoming yesterday’s news.

The more interesting development will be what one of these big or small companies does in the health care area – tomorrow.