Employers benefit from new round of drug-Price wars — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Employers benefit from new round of drug-Price wars

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in Human Resources

In a move that is spurring big price competition among pharmacies, Wal-Mart expanded its low-cost prescription program nationwide. The program, which began in Florida in October, offers $4 prescriptions for 30-day supplies of about 300 common generic drugs, whether the customer carries insurance or not. Target and other pharmacy chains say they’ll match the offer.

Outlook: These price wars may eventually translate into lower health insurance costs.

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