Our Background

Watertree Health® is a privately held company that was founded in 2010 to make health care products and services more accessible to all people in America. Our focus is on providing better solutions for health care delivery.

Our Co-Founder Matt Herfield spent years in the industry, and has used this knowledge to respond to gaps in the provision of health care products and services. The introduction of the Prescription Discount Card in 2011 addressed the growing need for affordable medicines by the tens of millions of people in America without adequate prescription coverage and subject to high out-of-pocket costs. Through no fault of their own, many hard-working people are having to decide between their medicines or food.  It’s a choice that Watertree Health executives believe no one should ever have to make.

Through our partnerships with the nation’s leading Pharmacy Benefit Managers, we have bulk buying power on prescriptions and can negotiate the deepest possible discounts for our cardholders.

Additionally over 60 thousand independent and major retail pharmacies across the country (CVS, Rite Aid, Walgreens, Target, Walmart, Kmart, etc.) — along with hospitals, clinics, and other health care providers — have joined our effort to improve the health of all people in America.

Nonprofits as well as other organizations are helping to promote and distribute the Watertree Health Prescription Discount Card to the people in their communities who need help paying for medications.

Our mission is centered on helping people improve their lives by improving their health. Currently, we operate both nationally and on a local basis in almost all 50 states with a network of over 200 representatives working in their communities to improve the availability of health care products and services. Watertree Health will continue to expand to reach even more people.

Watertree Health does not sell or share personal information with third parties. We strictly adhere to the Health Insurance Portability and Accountability Act (HIPAA) Privacy Rule, which protects the privacy of individually identifiable health information and the HIPAA Security Rule, which sets national standards for the security of electronic protected health information.