Walmart enters the health insurance business.
The Bentonville-based retailer announced the opening of Walmart Insurance Services “to help people sign up for insurance plans – and to simplify what has historically been a cumbersome and confusing process.”
The agency will begin selling Medicare insurance plans during this year’s annual enrollment period (October 15 – December 7).
The agency, licensed in all 50 states and Washington, DC, will provide Medicare Plans (Part D, Medicare Advantage and Medicare Supplement Plans) provided by Humana, UnitedHealthcare, Anthem Blue Cross Blue Shield, Amerigroup, Simply Health, Wellcare (Centene), Clover Health and Arkansas Blue Cross and Blue Shield.
According to Walmart, more carriers could be added in the future.
“We want clients to feel confident choosing the Medicare plan that best suits their needs, budget, and lifestyle,” said David Sullivan, general manager of Walmart Insurance Services. “We want to be a trusted partner on their healthcare journey.”
In June, the retail giant opened a new health center in Northwest Arkansas.