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.


61° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

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


Sponsored
Find Local Businesses on KELO Pages!

You may also like

Fatal Crash South Of Brookings

5/3/2015 11:20 AM

An early Saturday morning crash south of Brookings has left one Brandon man dead.

Full Story
Groom Accused Of Raping Bridesmaid Gets 7 1/2 Years In Prison

5/2/2015 2:11 PM

A Hot Springs man convicted of raping a bridesmaid on his wedding night has been sentenced to more than seven years in prison.

Full Story
Homicide Suspected In Minnesota Farmhouse Fire That Killed 2

5/3/2015 2:43 PM

A husband and wife in their 70s are dead and three young men are in jail after a farmhouse fire in southwestern Minnesota.

Full Story
3 Charged In Deadly Balaton Farmhouse Fire

5/4/2015 1:38 PM

Three young men are charged in a farmhouse fire in southwestern Minnesota that killed a couple in their 70s.

Full Story
Two Teenagers Arrested In Vandalism At Lincoln High School

5/6/2015 4:14 PM

Sioux Falls police have arrested two teenagers in connection with burglary and vandalism at Lincoln High School overnight.

Full Story


Events