The retail giant has signed deals to make it possible to sell medical coverage to Floridians. Florida consumers looking for health insurance now have a new option available to them as Walmart has signed a deal with an insurer and hospital operator in the state, just as the Affordable Care Act open enrollment window begins for 2024 coverage. The deals will provide Floridians with another option as they consider their plans for next year. Walmart Health has now signed two separate health insurance deals in the state. The first was…
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Walmart Insurance Services subsidiary launches for policy sales
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…
Read MoreWalmart health insurance acquisition talks underway with Humana
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…
Read MoreHealth insurance elimination by Walmart could harm workers’ wallets
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…
Read MoreHealth insurance has become Walmart’s latest market
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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