Instacart, Pear Suite Partner to Address Food Insecurity for Medicaid Members

Maplebear Inc. (NASDAQ:CART) is one of the best IPO stocks to buy and hold for 3 years. On September 9, Pear Suite, which is a digital health company, and Instacart announced a partnership aimed at improving food access for Medicaid members across the US. The collaboration will equip thousands of community health workers/CHWs with the tools to address food insecurity and connect individuals with healthy food resources.

The partnership builds on a 6-month pilot program involving 3,000+ Medicaid members. During the pilot, CHWs used Pear Suite’s AI-powered platform to provide nutrition education, support SNAP enrollment, and offer online grocery services through Instacart, like Instacart Health Fresh Funds grocery stipends. The program achieved an 86% engagement rate between CHWs and members with critical food access needs.

The pilot also found that one in five SNAP-eligible community members were not enrolled in the program, and 42% of clients reported rising grocery costs as a major barrier. Additionally, 42% of members faced transportation barriers, which online grocery delivery helped to overcome. The partnership allowed more than 150 families with immediate food needs to receive assistance.

Maplebear Inc. (NASDAQ:CART), doing business as Instacart, provides online grocery shopping services to households in North America.

While we acknowledge the potential of CART as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.