Submitted by CARPE DIEM

BENTONVILLE, Ark., Mar. 14, 2008 – In an address to the Council of Teaching Hospitals in New Orleans later today, Wal-Mart’s senior vice president and president of health and wellness, Dr. John Agwunobi will confirm a major milestone for the company’s $4 prescription program. Since its launch in September 2006, the program has now saved Americans more than $1 billion ($1,032,573,012.61 as of March 10, 2008).

And that was $1 billion in only 18 months!! So while politicians and pundits in Washington fret about 41 million Americans without health insurance, and dream up the next grandiose government-based health care reform, the most effective health care solutions may be right around the corner at your local Wal-Mart, which offers affordable $4 prescriptions and affordable health care clinics (now in 12 states). And as Steve Horowitz points out, the savings to consumers actually exceed $1 billion because Wal-Mart’s $4 drug plan was matched my many of its competitors (Kroger and Publix, etc.).Here’s a case for Wal-Mart getting the 2008 Nobel Peace Prize (via Austrian Economists), for lifting so many people out of poverty, benefiting so many poor people with “everyday low prices,” selling prescription drugs that are almost free ($4), lowering inflation, and creating more than a million jobs.

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