Retailer Responds Quickly as Governor Ritter Signs Bill Amending Colorado's
Unfair Practices Act
DENVER, June 5 /PRNewswire-FirstCall/ -- Coloradans have saved millions of dollars with the availability of a wide range of $4 prescription drugs. Today, Governor Bill Ritter will sign legislation that will allow Wal-Mart to expand the number of $4 prescriptions available to Colorado citizens. Wal-Mart is responding by making over 60 additional 30-day prescriptions available at $4 in its Colorado pharmacies on Friday, June 6th. These include drugs to treat diabetes, high blood pressure, heart disease, depression and high cholesterol. These prescriptions will also be available at $10 for a 90-day supply.
SB 246, which amends Colorado's Unfair Practices Act, permits retailers to sell prescriptions at discounted prices while ensuring that consumers and companies are protected against predatory pricing and monopolistic business practices.
"Our $4 prescription program was the first of its kind, and we will continue to lead the charge in providing customers with affordable choices," said Eric Seiboldt, regional pharmacy manager in Colorado. "The passage of this bill allows Wal-Mart to offer additional savings to our customers tomorrow morning."
Wal-Mart launched its $4 Prescription Program in September 2006 and since then Americans have saved more than $1 billion. In Colorado, customers saved nearly $15 million during that same time. With the passage of SB 246, Wal- Mart expects to save Coloradans an additional $2.4 million per year.
"Our customers deserve to pay our lowest price for prescription drugs -- especially during tough economic times," said Dr. John Agwunobi, Wal-Mart's senior vice president and president, health and wellness. "We applaud Governor Ritter's commitment to reducing health care costs in Colorado, and look forward to providing our customers with even more opportunities to save money and live better, healthier lives."
Wal-Mart's $4 Prescription Program covers most commonly treated medical conditions and continues to drive down health care costs for families. For further information on the program, customers can call 1-800-WALMART or visit their area Wal-Mart, Neighborhood Market or Sam's Club to discuss the program with their pharmacist. They can also learn more at http://www.walmart.com/pharmacy.
Wal-Mart Stores, Inc. operates Wal-Mart discount stores, Supercenters, Neighborhood Markets and Sam's Club locations in the United States. The Company operates in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico and the United Kingdom. The Company's securities are listed on the New York Stock Exchange under the symbol WMT. More information about Wal-Mart can be found by visiting http://www.walmartfacts.com. Online merchandise sales are available at http://www.walmart.com.
|SOURCE Wal-Mart Stores, Inc.|
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