Walmart, Transcarent Team Up to Woo Self-Insured Employers

In its continuing move to make its health care services easier to access, Walmart recently partnered with the consumer-facing health care platform Transcarent to provide low-cost prescription drugs, telehealth, optical and other services to self-insured employers.

Employers that contract with Transcarent will share cost savings that result from employees’ using Walmart’s steadily expanding number of health care services. Transcarent, which has 100 self-insured employer clients and serves more than 1 million employees, offers second opinions, medication reviews and referrals to surgery sites and centers of excellence.

This partnership is significant because it’s the first time that Walmart has offered its prices on pharmaceuticals and health care services to employers.