Walmart Inc. is entering the health insurance business – just in time for Medicare Open Enrollment.
The retail giant announced the launch of Walmart Insurance Services, a licensed insurance brokerage, which will help people with enrolling in insurance plans. The initiative will begin selling Medicare insurance plans to consumers during this year’s annual enrollment period, Oct. 15 through Dec. 7.
“We are licensed in all 50 states, plus Washington, D.C., and we have built a team of licensed insurance agents who can help people find the right insurance plan for them,” said Lori Flees, senior VP and COO, Walmart U.S. Health & Wellness.
Source: Chain Storeage