User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


64° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Prescription Price War?

October 26, 2006, 11:00 PM by Perry Groten

Prescription Price War?
Is this the opening volley of a price war at prescription counters across South Dakota? Wal-Mart announced it's offering four-dollars for a month's supply of many of its generic drugs.

Wal-Mart says it's a sound business strategy: cutting the price on a fourth of its generic drugs will still turn a profit for the retail giant. Eric Siebold of Wal-Mart said, "Wal-Mart is applying business strengths to the health care system driving out unnecessary costs and passing the savings to its customers." 

Wal-Mart customers expect to see much lower drug payments when they get their prescriptions filled. Marge Hacken of Sioux Falls said, "It will keep costs down a lot, I'd say probably it will save me five, six bucks a time for sure." 

Wal-Mart's prescription price drop has prompted chains in other states to do the same. And South Dakota customers feel it may just be a matter of time before the competition responds in South Dakota. Bernard Hacken of Sioux Falls said, "I'm sure the first stone has been thrown today and I think there will be other ones following suit. It will be interesting by how the dust settles by I'd say the middle of next year to see who's involved." 

walmart 2

Wal-Mart says the new pricing program isn't meant to be a cut-throat move against its competitors. But the company adds that it would welcome a ripple effect in the prescription drug industry.

Walgreens announced Thursday it will not match Wal-Mart's promotion. The company issued a statement saying "once customers learn the fine-print of Wal-Mart's program, they'll realize Walgreen's offers the best value for pharmacy patients." 

Click here for more information on the prescription drug program.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

16-Year-Old Sioux Falls Teen Found

9/15/2014 10:53 AM

According to Sioux Falls Police, 16-year-old Piper Hyser was found Sunday afternoon.

Full Story
Student Athlete Ineligible After Charity Event

9/18/2014 5:20 PM

A successful Estelline cross country athlete is being forced to sit this season out because she participated in a charity run aimed at keeping kids aw...

Full Story | Watch
Investigation At Canton Computer Business

9/17/2014 1:18 PM

Law enforcement are involved in a search at a Canton business.

Full Story
Inmate Death Ruled Homicide

9/15/2014 11:01 AM

A death certificate filed Monday by the Minnehaha County Coroner has ruled the death of South Dakota prison inmate Kent Davidson a...

Full Story
One Injured In Scooter Versus SUV Crash

9/16/2014 9:01 AM

At approximately 8 a.m. Tuesday, Sioux Falls Police responded to a two-vehicle crash near the intersection of 12th Street and Sertoma Avenue.

Full Story


Events