Is the free market working? Looks like. Wal-mart just dropped its prices on pharmaceuticals. According to a Marketwatch article (“Wal-mart…“) :
- Wal-mart will fill prescriptions for as many as 350 generic drugs costing $10 for a 90-day supply
- Over 1000 over-the-counter drugs are priced at $4 or less. Many of these include Wal-mart own private label Equate brand.
Wal-mart must compete with some supermarket chains that are offering free generic drugs to draw consumers into the store.