Becker's Healthcare September 29, 2023
As Costco looks to break into healthcare through a new partnership with virtual care company Sesame, Costco CFO Richard Galanti said in a Sept. 26 earnings call that raising the cost of its membership is a ‘question of when, not if.’
At the end of the fourth quarter, the company reported that it had 71 million paid household members. Household membership has grown 7.9 percent from last year. The annual cost of Costco business membership is currently $60.
Through the partnership with...