April 3 (Reuters) - Costco Wholesale ( COST ) will offer
its members access to weight-loss programs, including
prescription drugs Ozempic and Wegovy, from online healthcare
services provider Sesame, as the companies expanded their
partnership.
The wholesale retailer's members can subscribe to Sesame's
weight-loss program for $179 for three months, compared with
$195 for non-members, Sesame said in a blog post on Tuesday.
Under the program, a clinician would help the patients with
diet, exercise and lifestyle modifications, and may subscribe
medications, subject to availability, the blog post said.
The subscription does not cover costs of medication or lab
work. The clinicians will work with eligible patients for
medication on a pre-authorization, which could reduce cost
further, the company told Reuters in statement.
Demand for GLP-1 agonists, a class of highly effective
diabetes and obesity drugs, has surged in the last few years,
with thousands of prescriptions being filled out every week in
the United States.
The membership-only retail chain did not immediately respond
to a Reuters request for additional comment. Costco had 130
million members as of Feb. 18, as per the company's website.
Sesame first partnered with Costco last September to offer
outpatient medical care to its members.
In March, Costco missed expectations for second-quarter
revenue, hurt by lower gasoline prices impact and soft
discretionary spend from consumers.
Big-box retailers such as Amazon ( AMZN ) and Walmart ( WMT )
have been offering healthcare services following the
pandemic.
Amazon ( AMZN ) offers virtual primary care service for Prime members
through One Medical, which it bought in 2022.
Walmart ( WMT ) runs primary care centers at its stores and its
membership warehouse club retail chain, Sam's Club, sells GLP-1
drugs through its pharmacies.