Actionable insights straight to your inbox

logo_equities.svg

Walmart Will Offer Medicare Insurance Plans in All 50 States Plus DC

The retail giant will offer Medicare Part D, Medicare Advantage and Medicare Supplement plans from major national insurers.

Image source: Walmart

In its latest move to capture more of the healthcare market, Walmart announced the launch of Walmart Insurance Services today, through which it will sell Medicare insurance plans in 50 states and Washington, DC, during this year’s Annual Enrollment Period (AEP), Oct. 15 through Dec. 7, 2020.

Walmart’s initial offerings will include Medicare 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.

The retail giant already operates health centers across the US that offer low-cost services including dental care and counseling.

David Sullivan, general manager of Walmart Insurance Services, says only one in 10 Medicare beneficiaries are enrolled in a plan that saves them the most on out-of-pocket costs.

We want customers to feel confident in selecting a Medicare plan that best fits their needs, budget and lifestyle. 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.

David Sullivan

_____

Source: Equities News

With pandemic-induced supply chain bottlenecks receding, semiconductor stocks have been riding a bullish trend, making higher lows and higher highs.
To say the current situation isn’t pretty now seems an understatement, and it’s likely to remain chaotic for a while. Which is why it’s so important for leaders of all kinds not to fall prey to the very human tendency to go negative.
Bargain-hunting friends of mine have been asking: “Should I buy First Republic?” After all, First Republic is prestigious. Facebook founder Mark Zuckerberg got a mortgage there. Dozens of customer surveys rate its satisfaction scores higher than super-brands like Apple and Ritz-Carlton.
Many of us economy-watchers have been expecting recession, though with significant differences on odds and timing. Regardless, recent banking developments just made recession more likely and may have accelerated its onset.