Albertsons Cos. Will Accept Extra Money for Fresh Produce and Over-the-counter Medicine|

Albertsons Cos. has made the decision to accept supplemental health benefits, such as pre-paid cards funded by Medicare Advantage plans, employer incentives, healthcare providers, or local governments, for the purchase of fresh produce and over-the-counter medications in an effort to better serve its communities and reduce food insecurity.

It will be possible to implement the benefit program thanks to technology collaborations, including one with the payments platform Solutran.

Customers who have appropriate pre-paid benefits can utilize them in-store through the company’s S3 platform.

The software also allows the grocery store in Seattle to accept Fresh Bucks, a local government-sponsored supplemental program for low-income residents.

According to Mike Rahman, president of Solutran, “Albertsons Companies stores are a very popular shopping location for millions of Medicare Advantage members who use the Solutran S3 benefits platform.”

“The platform will issue around $5 billion in food and over-the-counter benefits this year,” says the spokesperson.

Price Rite Marketplace stores, as well as Cardenas and Cardenas Ranch Markets locations, are actively expanding their supplemental benefits services,

Albertsons Cos. Will Accept Extra Money

including accepting Electronic Benefits Transfer Supplemental Nutrition Assistance Program (EBT SNAP) payments for goods through Instacart.

The American Rescue Plan provided $93,000 to the Mayor’s Office of Food Access of the city of Boston to support a program that allows SNAP recipients to use their EBT cards to purchase food online through the nonprofit grocer Daily Table, which is operated by the city of Boston.

New Jersey recently approved the Food Desert Relief Act, which, among other things, assists food retailers in adapting to the shift to e-commerce, particularly in the areas of SNAP and the Special Supplemental Nutrition Program for Women, Infants, and Children (SSNP-WIC) (WIC).

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Albertsons, based in Boise, Idaho, has more than 2,200 retail shops with more than 1,700 pharmacies, 400 connected fuel locations, 22 dedicated distribution centers, and 20 manufacturing facilities.

Albertsons also has a corporate headquarters in Boise, Idaho. There are over 20 well-known banners under which it operates stores in 34 states and the District of Columbia, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets, and Balducci’s Food Lovers Market.

According to Progressive Grocer’s 2021 list of the best food and consumables retailers in North America, Albertsons is ranked No. 8 on the list.