UnitedHealth Group Announces 10-Year Agreement with Walmart
The nation’s largest health insurer is teaming up with the nation’s largest retailer on a new venture they say will provide “high-quality, affordable” health care options.
On Wednesday, Minnetonka-based health insurance giant UnitedHealth Group and Arkansas-based Walmart Inc. announced a decade-long partnership aimed at improving health outcomes at the retailer’s clinics, which operate under the Walmart Health banner.
In a news release, UnitedHealth said its Optum subsidiary will use analytics and “decision-support tools” to improve improve care provided at Walmart Health centers.
The partnership will start in 2023 at 15 Walmart Health locations in Florida and Georgia, with plans to “expand into new geographies over time,” according to the release. The collaboration also will include a co-branded Medicare Advantage plan in Georgia, which will be called UnitedHealthcare Medicare Advantage Walmart Flex. UnitedHealth is already the largest provider of Medicare Advantage plans, which allow seniors to enroll in Medicare plans through private insurance companies.
“This collaboration puts the patient at the center of health care by leveraging the strength and complementary skill sets of our two companies to accelerate access to quality care,” Walmart CEO Doug McMillon said in the release.
The two companies said the collaboration will one day expand to improve patients’ access to fresh food. They also plan to improve “current initiatives to address social determinants of health, over-the-counter and prescription medications, and dental and vision services,” according to the release.
UnitedHealth has worked with Walmart in the past to provide customers free Covid tests, a spokesperson said in an email.