Source: Bloomberg
Costco Wholesale Corp. will offer members access to medical care through a deal with online marketplace Sesame, as the retail giant joins peers by pushing deeper into health care.
Costco’s members will be eligible for Sesame’s “best pricing,” including online primary care visits for $29, Sesame said. They’ll also get mental health visits for $79 and 10% off other services. On the platform, clinicians set their prices and patients pay them directly, not through insurance.
Sesame aims “to provide great health care to the value-conscious,” said David Goldhill, the startup’s chief executive officer.
The companies didn’t disclose financial terms, but the agreement benefits both sides. Costco, which declined an interview request, will add to members’ benefits. And Sesame, a New York-based startup that’s backed by Alphabet Inc.’s venture unit, gets its marketplace in front of a vast pool of potential customers; Costco has about 125 million cardholders worldwide, and generates roughly 70% of sales in the US.
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