Walmart Inc (NYSE: WMT) has partnered with Transcarent, a health and care experience company, as go-to-market partners for self-insured employers across the country. The financial terms of the arrangement were not disclosed.
The agreement allows Transcarent to share Walmart's everyday low cost on pharmaceuticals and other services with self-insured employers and their employees for the first time.
The collaboration makes it easier for millions of employees and the families of self-insured employers to access high-value care at affordable prices.
In addition to the Walmart prescription benefits, Transcarent's health and care experience will serve as the on-ramp for self-insured employers and their employees to 24/7 personalized health needs.
Price Action: WMT shares are trading higher by 0.36% at $140.36 on the last check Friday.
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