Giant Eagle Introduces Prescription Drug Price Cuts

Armen Hareyan's picture

Pennsylvania grocery retailer Giant Eagleon Wednesday announced that it will add about 100 prescription drugs toits $4 generic drug program, raising its number of products availableat that price to more than 400, the Pittsburgh Tribune-Review reports.


Thenewly added generic drugs come from therapeutic classes that alreadyare part of the chain's $4 program, including allergy and asthma, hearthealth and vitamins. Giant Eagle's program now also will include otherlines of medications, such as cholesterol management, family planningand oncology, the Tribune-Review reports. In addition, the retailer will reduce the price of 12 other drugs (Napsha, Pittsburgh Tribune-Review, 11/8).

Theannouncement of the initiative comes as consumer support for low-costgeneric drug programs grows and as other retailers that offer suchprograms step up their efforts to meet increasing demand, the Pittsburgh Post-Gazette reports. Retail chains including Wal-Mart, Target, Kroger, Kmart and Meijer offer similar programs and deals.

RandyHeiser, vice president of pharmacy for Giant Eagle, said, "We felt thatit was important in our markets to be seen as a leader" (Lindeman, Pittsburgh Post-Gazette,11/8). Heiser also said that the retailer's generics program is "asbest we can tell ... the most expansive generic prescription programfor $4" in the U.S. (Pittsburgh Tribune-Review, 11/8).

Reprinted with permission from Youcan view the entire Kaiser DailyHealth Policy Report, search the archives, and sign up for email deliveryat The Kaiser Daily HealthPolicy Report is published for, a free service of The HenryJ. Kaiser Family Foundation.

Share this content.

If you liked this article and think it may help your friends, consider sharing or tweeting it to your followers.