Is Walmart about to get into the health Insurance game? Yes they are!
Walmart announced today it would sell Medicare insurance plans in 50 states and Washington D.C. through its broker, marking the U.S. retailer’s latest move into the healthcare space.
Walmart Insurance Services LLC, which was launched in July, said it will offer Medicare Advantage plans/ policies from health insurers such as Humana Inc , UnitedHealth Group and Anthem Blue Cross Blue Shield from Oct. 15-Dec. 7, according to the company. Medicare Advantage plans cater to Americans older than 65 and those with disabilities.
Walmart’s move comes at a time when health insurers face rising costs as Americans catch up on less urgent surgeries delayed by the COVID-19 pandemic.
The company already operates health centers across the United States, offering low-cost services such as dental care and counseling.