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October 2006 »

New plan to make generic drugs cheaper and more available

17 October, 2006

Americans working at smaller companies that don't offer drug coverage may get a break. One of the country's largest prescription benefit management firms is coming out with a low-cost generic drug plan aimed at those companies.

Medco Health Solutions says it'll offer the "Generics First" plan through its partner health insurance firms. It'll offer workers generic drugs for as little as ten bucks for a 90-day mail order supply. The plan covers more than 800 medications.

Medco's announcement comes on the heels of Wal-Mart and Target offering 30 days' worth of generic drugs for four dollars in their Florida stores.

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