Both Amazon and Walmart announced plans this week to offer discounted prescriptions to it’s consumer prescription business — effectively encouraging them to forego their existing health insurance benefits.
As Bloomberg.com reports (on the consumer prescription business), Amazon now offers six-month prescriptions starting at $6 for medications that treat common ailments. Because most insurance companies don’t cover six-month prescriptions, the move is considered a way to attract uninsured customers, as well as those with plans that include high out-of-pocket prescription costs. Continue Reading…