Vancouver's online contact lens retailer Coastal Contacts Inc. (TSX:COA) is partnering with Canadian Blue Cross to provide vision care products for its members across the country.
The partnership expands Coastal Contact's reach across Canada. It will provide contact lenses and other vision products to more than eight million Canadians, representing 30% of the supplementary health and dental insurance market.
Its services will be available to seven Blue Cross organizations across the country, including those in Ontario, Quebec, Alberta and Pacific Blue Cross in B.C.
Coastal Contacts' share price range during the past week: between $0.90 and $0.94; 52-week high: $1.21; 52-week low: $0.87.