Walmart health plans for seniors available in time for 2021 open enrollment

Walmart health plans - Front of Walmart Store

The retail giant is selling the policies for Medicare medical and drug benefits that will begin next year. Walmart health plans are launching through a new brokerage that will make the policies available in time for seniors to enroll during the Medicare medical and drug benefit open enrollment for 2021. Seniors will be able to enroll in this coverage this fall throughout the open enrollment period. The retailer announced the move earlier this week, bringing Walmart health plans into heavy competition within an industry facing a rapidly increasing number of…

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Walmart Insurance Services subsidiary launches for policy sales

Walmart Insurance Services - Front of Walmart Store

The retail giant will be selling health plans directly to consumers, said a company spokesperson. Walmart Insurance Services, a subsidiary of the retail giant, has now launched and will start selling its health plans to consumers, confirmed a spokesperson. Media reports suggest that the retailer’s subsidiary will sell Medicare Advantage plans. The Walmart Insurance Services name filing was made with the Arkansas Secretary of State on June 26. This filing was made by Walmart Apollo, the company’s intellectual property holding company. That said, the filing didn’t receive much media attention…

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Tracy Morgan insurance dispute with Walmart won’t see him deposed

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The celebrity of Saturday Night Live and 30 Rock fame refused to testify under oath in this case. The current Tracy Morgan insurance case against Walmart has changed its tone as the celebrity refused to testify in a deposition. Walmart’s insurance company, Ohio Casualty, demanded that Morgan participate in a 7-hour deposition. The purpose of the deposition, said the insurance company, is to show that Morgan has exaggerated his injuries in order to obtain the claimed payout. The payout is reported to be around $90 million. That said, Benedict Morelli,…

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Health insurance elimination by Walmart could harm workers’ wallets

walmart health insurance

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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