Wal-Mart Cuts Premiums, Adds $4 Generics in Latest Changes

BENTONVILLE, AR - Bentonville-based Wal-Mart is making changes to its employee health insurance program.  The company is adding $4 generic drugs to its health plans and offering lower premiums and deductibles.  This is the third consecutive year in which Wal-Mart has expanded its health coverage.  Wal-Mart is the nation's largest private employer and has been a focus of union-led criticism.

Wal-Mart says its 2008 plan will add 2,400 generic prescriptions at $4 each.

(The Associated Press contributed to this report.)