Walmart on Tuesday introduced a plan to offer employees more than 250 medications, including some insulin and inhalers at no cost, as the retailer expands healthcare benefits for its workforce.
The largest US private employer, with a domestic workforce of about 1.6 million, is currently in its annual enrollment season. It began on Saturday and runs through November 6. Surging healthcare expenses have been adding pressure on Americans who are already facing rising costs of living from inflation and oil prices.
“We’re adding even more ways to help you and your family live better through comprehensive and affordable healthcare and benefits,” Chief People Officer Donna Morris said in a memo to associates.
Associates evaluated for or diagnosed with conditions, including multiple sclerosis and Parkinson’s disease, will get no-cost specialist evaluations, the company said. The retailer will also offer up to 12 weeks of paid leave for those with children in a neonatal intensive care unit.
Full-time and eligible part-time associates can access medical coverage from $38.30 per biweekly pay period, plus no-cost programs to help manage pre-diabetes, diabetes or weight, subject to clinical eligibility, according to its website.
The retailer already provides benefits including 20 no-cost therapy sessions annually and up to $20,000 for fertility services, adoption or surrogacy.