Wal-Mart has announced, according to Fast Company Now, that it will begin selling 291 types of generic prescription drugs for only $4 per month. Why is Wal-Mart doing this? It’s a little hard to tell if it’s a move to literally destroy their competition or if it is as Wal-Mart CEO, Lee Scott, states:
"Competition and market forces have been absent from our healthcare system, and that has hurt working families tremendously"
Here’s the simple fact of the matter: $4 per month is less than most people’s insurance co-pays for generics.Tags: Fast Company Now, Wal-Mart, prescription drugs, Ross Hollman, Strategize