| Although it caused quite a stir when the
| |
| | imagine what downside there could be. ...
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| idea was first spoken of, the plan for
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| | The only change will be that others will
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| Wal-Mart to offer generic prescriptions
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| | try and meet these prices."
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| for $4 each has faded from the limelight.
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| | But, of course, there is a downside. Most
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| A perfect time to approach the topic
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| | private pharmacists have no way of
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| again. Mainly, how does this sort of
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| | matching these kinds of prices. It has
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| price slashing benefit the American
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| | long been the same argument against
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| mega-corp? And, how do the ripples of
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| | Wal-Mart that they drive anything smaller
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| this venture effect the rest of the pond?
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| | than them out of business. This is
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| To tackle the first question is very
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| | certainly a consequence worth noting.
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| easy. Why would such a seemingly profit
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| | There is another very human consequence
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| hungry corporation suddenly drastically
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| | to note.
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| slash the prices on medications? Because
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| | People in America have long carried the
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| they expect to make a great deal of net
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| | heavy load of the insurance industry and
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| revenue doing it. While viewed by many as
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| | its less than helpful attitude about
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| a selfless act, the Wal-Mart drug plan is
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| | helping people. Now we not only carry the
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| not intended to run at any kind of loss.
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| | weight, but suffer from it in very real
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| Not a single statement Wal-Mart has made
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| | ways. We are a country that does not take
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| says anything about that, in fact, they
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| | preventive measures in health care, we
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| readily admit they expect and want to
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| | only react to illness and injury that
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| profit from this program. Because
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| | poses a great threat to us. We suffer
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| Wal-Mart can buy enormous quantities of
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| | many ills because we cannot afford to
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| product, the price for doing so is
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| | treat them before they stop us. Four
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| extremely low per unit. However, instead
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| | dollar prescriptions can make a very real
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| of making the kinds of profits that turn
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| | difference in this climate. A family
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| the heads of any suspicious consumer,
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| | formerly faced with the choice of food or
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| they will do so at a much lower profit
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| | medicine will be able to afford limited
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| margin per unit.
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| | health care much more easily. This
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| And that is where the magic is. They will
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| | certainly does not cure the problem of
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| make less money in each sale, but the
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| | the system, but at least it staunches the
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| idea is that low prices attract large
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| | bleeding. We must weigh in our minds and
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| numbers of people. In doing this they
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| | hearts if the price of losing small
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| increase overall profit by simply driving
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| | pharmacies is equitable in terms of gains
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| up the volume of sales. There is no
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| | in affordable medicine.
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| happy, selfless, or saintly motivation
| |
| | This could be a rare example in modern
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| here, only the raising of the bottom line
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| | times of dedicated work toward raising
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| in a way that only very large and
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| | profits is working to also help people
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| economically powerful corporations can
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| | live better. Not only that, but it has
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| do. However, for every action there is a
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| | been done without mandate by the federal
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| reaction.
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| | government. This may be a very small
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| In an article by David Harsanyi of the
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| | change, possibly ambivalent, step in the
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| Denver post, Dr. Jeffrey Zax, an
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| | right direction. But in a nation where
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| economics professor at the University of
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| | many people cannot afford insurance for
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| Colorado ay Boulder, was quoted as saying
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| | health care at all, even troubled baby
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| this.
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| | steps are better than digging deeper
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| I don't see any downside to it. I think
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| | trenches.
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| it's a terrific idea. It's hard to
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| |
|
