Walmart (WMT) To Start Selling Health Insurance Plans Next Week

By Amit Chowdhry • Oct 8, 2020
  • Walmart Inc (NYSE: WMT) announced it is going to start offering Medicare plans starting next week

Walmart Inc (NYSE: WMT) announced it is going to start offering Medicare plans starting next week. Lori Flees, SVP and COO, Walmart U.S. Health & Wellness said the company is building on its commitment of offering quality health services at low and transparent prices through the launch of Walmart Insurance Services, LLC, a licensed insurance brokerage — which is going to assist people with enrolling in insurance plans and simplify what has been a cumbersome and confusing process.

Walmart Insurance Services start selling Medicare insurance plans during this year’s Annual Enrollment Period (AEP), October 15 through December 7.

David Sullivan, general manager of Walmart Insurance Services, pointed out that only 1 in 10 Medicare beneficiaries is enrolled in a plan that saves them the most on out-of-pocket spending.

“We want customers to feel confident in selecting a Medicare plan that best fits their needs, budget, and lifestyle,” said Sullivan. “And we want to be a trusted partner on their health care journey. Helping customers select the right Medicare insurance plan to meet their needs aligns with Walmart’s mission of helping people save money and live better.”

At the launch, Walmart Insurance Services will provide Medicare plans (Part D, Medicare Advantage, and Medicare Supplement plans) offered by Humana, UnitedHealthcare, Anthem Blue Cross Blue Shield, Amerigroup, Simply Health, Wellcare (Centene), Clover Health, and Arkansas Blue Cross and Blue Shield. And more carriers may be added in the future.

Walmart is licensed in all 50 states, plus Washington D.C., and the company built a team of licensed insurance agents who can help people find the right insurance plan for them.