Live Insurance News

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

October 9, 2020October 8, 2020 Marc

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…

5 Things You Should Do Before You Retire

September 11, 2020 Guest Author

Retirement is the reward for years of working hard and building a career. Many people dream of the day they leave their jobs and experience the freedom of endless free time. Retiring is a big milestone that requires a bit of planning. Before you give your employer notice, there are some things you need to do in preparation for retirement. 1. Map out a retirement budget. The budget that you follow and the spending habits that you have while working is likely to change once you retire. It’s a good…

Walmart Insurance Services subsidiary launches for policy sales

July 14, 2020July 10, 2020 H. Cutner

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…

California residents with no health insurance risk tax penalties

December 12, 2019December 11, 2019 Julie Campbell

No Health Insurance - Person holding money

Uninsured people living in the state may have to shell out for failing to enroll in a health plan. California residents are being advised that a new state law says that if they have no health insurance, they may face a significant tax penalty. This regulation would apply to next year’s health plans and those in following years. That said, it’s important to note that not all people with no health insurance will be required to pay. There are certain exceptions that will allow some residents to be able to…

US voters want to keep private health insurance and expand Medicare

September 25, 2019September 24, 2019 H. Cutner

Most Democratic voters are drawn to Medicare for All but may challenge the party in 2020. Private health insurance and other components of healthcare reform have been a central issue among Democratic presidential candidates. Those politicians have been pitching their own versions of Medicare and medical coverage which may make things somewhat more complex for the candidates in 2020 according to a new Wall Street Journal and NBC news poll. Two out of every three voters support opening Medicare coverage up to anyone who wants to buy in. This is…