Wal-Mart to Unveil $4 Generic Drugs in Fourteen States Today

OCTOBER 19, 2006 - Posted at 7:34 a.m. CDT

BENTONVILLE, AR - Today, Wal-Mart Stores Incorporated will announce that it is expanding a program offering $4 prescriptions for some generic drugs to 14 more states, including Arkansas.

Wal-Mart called news conferences in states from Vermont to Alaska but declined to say what they are about, except that they involved "a major new initiative" for consumers.

One state official familiar with the rollout, who declined to be named because the topic is supposed to be kept confidential, confirmed to The Associated Press yesterday that the announcements would be about $4 generics coming to those states.

Wal-Mart said it expected to expand the program nationwide when it announced October 5 that it was rolling out in Florida after a successful test in the Tampa area.

The Florida plan covers a month's supply of 314 prescriptions.  That number is made up of 143 drugs in a variety of dosages and solid or liquid forms.

Wal-Mart said it will host news conferences with company executives and elected officials in the following states: Arkansas, Alaska, Arizona, Delaware, Illinois, Indiana, Nevada, New Jersey, New Mexico, New York, North Carolina, Oregon, Oregon, Texas and Vermont.

(The Associated Press contributed to this report.)