The nation’s two largest retailers jacked up the price of an on-demand rapid COVID-19 test after a 100-day agreement with the White House to sell it at cost expired.
Walmart increased the price of BinaxNOW’s antigen self-test kits to $20, while Kroger was selling them for $24 in its nearly 3,000 US grocery stores, as demand continued to outpace supply amid the surge of the Omicron variant soared across the country, according to Fox Business.
The large price jumps followed the lapse of the Biden administration’s Sept. 9 deal with manufacturer Abbott Laboratories to provide them for $14.
“The program ended in mid-December, and while other retailers increased prices in mid-December, Walmart held the $14.00 through the holidays before increasing the price,” a Walmart spokesperson told the outlet.
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