The Clark Howard Podcast
02.08.24 Rx Savings: The Quest Continues / To Employers: Enlightened Self-Interest
Feb 8, 2024
Walmart's innovative employee reward system is discussed, promoting a sense of ownership within the company. The high cost of prescription drugs in the U.S. and alternative options for saving money, such as importing drugs from Canada, are explored. Money transfer services and credit unions for home equity loans are discussed. Tips on handling upside-down auto loans and treating employees well in business are provided. The transformation of Walmart's business model and improved treatment of workers are discussed.
31:21
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Quick takeaways
- The podcast emphasizes the need to address the high costs of prescription drugs in the US and explores the potential benefits of importing drugs from Canada to reduce prices.
- The episode highlights the importance of treating employees well, offering benefits and incentives, and fostering a sense of ownership in order to increase loyalty and productivity in the workplace.
Deep dives
The Impact of Expensive Prescription Drugs on Americans
The podcast episode discusses the high costs of prescription drugs in the United States compared to other countries. It highlights how Americans often cross the Canadian border to purchase cheaper medications and the controversy surrounding Florida's decision to import drugs from Canada. The episode argues for the elimination of price fixing in the global market and emphasizes the need to lower drug prices domestically.
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