Walmart health insurance acquisition talks underway with Humana

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The largest retail chain in the world is reportedly in early-stage negotiations with the insurer. A new Walmart health insurance company may one day form if its acquisition of Humana is successful. The Wall Street Journal reported that the retailer was in talks with the insurer for precisely that purpose. Reuters soon after reported that the companies were working on a possible partnership without ruling out an acquisition. Humana’s shares skyrocketed by up to 13 percent during the trade hours following the reports. The Walmart health insurance talks also gave…

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Health insurance elimination by Walmart could harm workers’ wallets

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Reports are showing that temporary workers who are no longer being covered by the company could face financial struggles. Recently, Walmart made insurance news headlines when it announced that when it comes to the temporary workers that it employers, it would no longer be offering health insurance coverage among the employment benefits. The company announced that this would affect only a small fraction of the total number of people it employs. Though Walmart pointed out that among the 1.4 million people that the company employs in the United States, only…

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Health insurance has become Walmart’s latest market

Walmart Health Insurance

The retail giant has made its next move to ensure that it will always have a finger in every pie. The largest retailer in the world has now announced that it has intentions to begin working with DirectHealth.com, an agency and internet health insurance comparison website, in order to give its customers the chance to compare various comparison options, and either enroll in plans in the public exchange as created under the Affordable Care Act, or enroll in Medicare plans. This is only the most recent step that Walmart has…

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Wal-Mart expands health insurance benefits

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Retailer takes a bold step on health insurance Retail giant Wal-Mart has announced that it will begin offering health insurance benefits to the domestic partners of its U.S. employees next year. The retailer is following the lead of several other large companies that have been expanding health insurance benefits in recent months. The company will also begin offering vision care to eligible employees and their dependents. This move could be a major boon for many people in the U.S. who depend on the health insurance coverage Wal-Mart provides them with.…

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Health insurance for small businesses still being considered by Walmart

Walmart health Insurance

The retail giant is still deciding whether or not it is interested in entering into that sector of the industry. Though no commitment has yet been made by Walmart, the massive retailer has indicated that it is still considering the option of offering health insurance to small businesses. It has already invested a great deal into its pharmacies, but it is taking care with future steps. Last week, there were discussions about the company’s interest in becoming involved in the small business health insurance sector, which is an area where…

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Wal-Mart looks into private health insurance exchange

Walmart Health Insurance

Wal-Mart begins seeking alternative health insurance solutions Health care overhaul seems to be an unstoppable force in the U.S., and that has put many parties, such as employers, in a somewhat difficult position. As part of the Affordable Care Act, states are being required to host health insurance exchanges. One of the problems concerning these exchanges is that they are designed with consumers in mind, not businesses. Thus, a public exchange system may not be viable for large companies that provide their employees with health insurance benefits. Wal-Mart is among…

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Health insurance policy changes at Walmart deny coverage to some new employees

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This sends the burden of coverage for some workers to the new healthcare system and to Medicaid. The latest updates to Walmart’s company policy have revealed that the largest employer in the United States, Walmart, will not be providing health insurance to its new hires when they will be employed for a workweek that is shorter than 30 hours. The new policy will also allow coverage to be denied to current workers if their weekly hours fall. Employees whose hours drop below the 30 hours per week mark may also…

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