What Healthcare Can Learn from Costco

MedCity News August 7, 2024
Stephanie Baum

The path forward is clear: employers must evaluate their health plan the same way they do their Saturday shopping excursion.

We’ve all been there — out on a Saturday, bracing yourself as you think about the chaos that lies ahead as you need to run to…Costco.

Packed parking lots, concrete floors, disorganized aisles, long lines, and multiple receipt checks are all part of the Costco experience. While this may not sound appealing at first, millions of American families have decided that Costco’s slight inconveniences are well worth the potential savings. With prices for hundreds of grocery items increasing more than 50% since 2019, it’s no surprise Costco memberships have skyrocketed.

And while the recent news of Costco raising membership...

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