Benzinga | Oct 15, 2021 12:23PM EDT

Walmart Picks Transcarent To Offer Go-to-Market Solution For Self-Insured Employers

* 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.