• WisBusiness

Thursday, April 15, 2010

Outdated law costs consumers on prescription drugs

By Lisa Nelson
An outdated law is preventing Wisconsin consumers from saving money, and it's time we change that law.

Last week a handful of state Senators voted to make sure that doesn't happen. Senators Vinehout, Schultz and Kapanke voted no to move Assembly Bill 482 to the full Senate. This bill would exempt prescription drugs from this law, giving Wisconsin consumers access to lower prices consumers enjoy in most other states.

At Walmart, we have a generic prescription drug program offering more than 300 generic prescriptions at the price of $4 -- but not in Wisconsin. Some are priced higher in Wisconsin due to this law. As of March 2010, Walmart estimates it has saved Wisconsin customers more than $41 million since launching the program in September of 2006.

This savings would be millions more if we could offer the entire $4 program. Not to mention, this is the customer savings from only Walmart's program in Wisconsin, and does not include savings from other retailers that offer similar pricing. This $4 generic pricing has been a game-changer in increasing the affordability of prescription drugs.

The bill passed the Assembly Health Committee with a 10-2 majority, and passed the state Assembly. It's sponsored by Republicans and Democrats, and supported by a diverse coalition of groups representing labor, business, health care, seniors and local government. Newspapers across the state, economists and think tanks have opined that it's time for these kinds of laws to be taken off the books.

This is a simple health care reform that costs government nothing. In fact, by removing this price barrier, there could be significant cost savings to taxpayers in the prescriptions we pay for through government programs.

So what's the problem? Opponents argue their businesses can't survive with a low price business model, and this repeal will lead the way to similar reforms lowering the price of gas and other products. They claim there will be illegal "predatory" pricing through below cost promotions. However, the truth is that federal anti-trust laws already provide protection against inappropriate predatory pricing activities and AB 482 includes a predatory pricing provision.

Competition has changed since this law was created in 1939. Competition is no longer just down the street, it is increasingly global, immediately accessible and open for business 24 hours a day. When businesses rely on government intervention to succeed or survive, it disincentivizes the very innovation and creativity spurred by competition, necessary in a free market system, and critical to the health of our Wisconsin economy.

This law puts Wisconsin consumers at a disadvantage. There is no reason we should pay more than anyone else for our prescription drugs. Call your state senator today at 1-800-362-9472 and ask them to pass AB482 before the legislature adjourns.

-- Nelson is a senior public affairs manager for Walmart.


Comments: 14

At January 18, 2017 at 5:36 AM, Blogger bettycyoung said...

Great that you have to have actually discovered concerning vidmatedownloadz the 'Unknown sources' choice in Safety or Fine.

At February 16, 2017 at 11:09 PM, Blogger Koditv said...

good you could push the Control secret on your console and https://setbeat.org/ negative food selection, negative paint, and downloaded and great.

At March 18, 2017 at 7:21 AM, Blogger aliya seen said...

We're offering such a great post. best gastroenterology fellowship programs

At April 23, 2017 at 6:48 AM, Blogger MicheleDavila said...

Devices are coming soon. To obtain it Stay with this mobdro apk online streaming videos like sports as well as information.

At May 6, 2017 at 7:46 AM, Blogger adrian cretu said...

An incredible article you write, very very interesting and informative. I hope you will keep writing articles as good as this, so I gained extensive insight. Thanks a lot!
FRIV | Friv Games Live | Free Online Games

At June 7, 2017 at 12:06 AM, Blogger JulieAzevedo said...

so that those to whom you are currently linked can quickly Musical.ly Sign Up customized means with others simply to see.

At July 28, 2017 at 11:32 AM, Blogger aliya seen said...

There are opponents that argue their businesses can't survive with a low price business model, and this repeal will lead the way to similar reforms lowering the price of gas and other products. internship statement of purpose

At September 24, 2017 at 2:59 PM, Blogger aliya seen said...

It is important that your statement of purpose can show that you are competitive, proficient and have a clear sense of career direction. You can view our statement of purpose for job application examples available online; these are written from our team of experts that will help you craft a powerful SOP. check it

At September 30, 2017 at 4:21 AM, Blogger Tinder said...

very nice post.Thanks for sharing this information.Tinder is the best chatting application.

Tinder app
Tinder for pc
Tinder online
Tinder for windowsphone
Tinder Sign In Without Using Facebook
Tinder for ipad

vidmate download
vidmate for pc
vidmate for pc free download
vidmate for blackberry
vidmate for ios
vidmate pc
vidmate for old version

showbox for pc
Download Showbox
showbox for pc free download
showbox for blackberry
showbox for ios
showbox pc

thanks admin

At November 12, 2017 at 11:14 PM, Blogger SK Jennifer said...

Wonderful post.

At November 12, 2017 at 11:23 PM, Blogger SK Jennifer said...

You talk about Outdated law costs consumers on prescription drugs.aThis includes making short notes to condense each of the sentences in a CR section.are you give another post about best ophthalmology residency? The motivation behind this is to make the entry less demanding to get it.

At December 27, 2017 at 2:14 AM, Blogger Marcelino V. Hayes said...

In this article, Lisa Nelson discusses the outdated law on description drugs including short notes. I am very happy to read these type of article. Please help me with nursing capstone paper which is necessary in drugs description.

At January 1, 2018 at 8:36 AM, Blogger personal statement edit said...

Your statement is very important and the purpose can show that you are competitive, proficient and have a clear sense of career direction. You can view our statement of purpose for job application examples available online.

At May 10, 2019 at 3:01 AM, Blogger Unknown said...

Not surprising perhaps considering Chaser is a border collie dogs bred specifically for their ability to understand how farmers want their sheep herded. \t \tAnderson Cooper: Is Chaser just like an Einstein of dogs? \tBrian Hare: So that\u0027s really fun. Is Chaser somehow special? And I think the idea actually is that no.

Water started to rise as Carter was on the floor. She said she feared she would drown because she couldn get up.An officer was able to get Carter out of the bathroom, but she later learned one of her friends didn make it.She says she has survivor guilt because although the friend they went to rescue survived, her other friend was killed.Before she shared her story Tuesday, she read a poem she had written in the middle of the night the night before her press conference."The guilt of feeling grateful to be alive is heavy. rick and morty t shirt Wanting to smile about surviving but not sure if the people around you are ready, as the world mourns the victims killed and viciously wonder woman t shirt slain,I feel guilty about screaming about my legs and pain.Because I could feel nothingLike the other 49, who weren so lucky to feel this pain of mine.


Post a Comment

Back to BizOpinion main page

: See newer blog items : : See older blog items :

BizOpinion site feed

wisbusiness.com Social News

Follow Us

Site Sponsors


· January 2009
· February 2009
· March 2009
· April 2009
· May 2009
· June 2009
· July 2009
· August 2009
· September 2009
· October 2009
· November 2009
· December 2009
· January 2010
· February 2010
· March 2010
· April 2010
· May 2010
· June 2010
· July 2010
· August 2010
· September 2010
· October 2010
· November 2010
· December 2010
· January 2011
· February 2011
· March 2011
· April 2011
· May 2011
· June 2011
· July 2011
· August 2011
· September 2011
· October 2011
· November 2011
· December 2011
· January 2012
· February 2012
· March 2012
· April 2012
· May 2012
· June 2012
· July 2012
· August 2012
· September 2012
· October 2012
· November 2012
· December 2012
· January 2013
· February 2013
· March 2013
· April 2013
· May 2013
· June 2013
· July 2013
· August 2013
· September 2013
· October 2013
· November 2013
· December 2013
· January 2014
· February 2014
· March 2014
· April 2014
· May 2014
· June 2014
· July 2014
· August 2014
· September 2014
· October 2014
· November 2014
· December 2014
· January 2015
· February 2015
· March 2015
· April 2015
· May 2015
· June 2015
· July 2015
· August 2015
· September 2015
· October 2015
· November 2015
· December 2015
· January 2016
· February 2016
· March 2016
· April 2016
· May 2016
· July 2016
· August 2016
· October 2016
· December 2016
Copyright ©2013 WisBusiness.com All rights reserved. | WisOpinion.com | WisPolitics.com  |  Website development by wisnet.com LLC  | Website design by Makin’ Hey Communications