The company will start selling Medicare plans in the Dallas,
Texas, area starting in August.
Walmart has been expanding its presence in the
health care space in recent years, including its growing network for Walmart Health clinics, newly announced partnership with
pharmacy benefit manager Capital Rx, all in the name of making services more
affordable and accessible.
Now, Walmart is looking to get in on the
insurance side of things.
Starting in August, Walmart Insurance Services
will begin selling Medicare plans in Texas. As reported by Arkansas Online,
the company is currently hiring for “Medicare Insurance Agents” who will sell
plans directly to consumers via phone in the Dallas area.
According to the job description posting,
“Walmart strives to be a center of well-being in the communities we serve, and
we have a unique, brand new opportunity to help millions of people find the
best Medicare insurance available. We need passionate health insurance
professionals to help us build this new business from the ground up and achieve
our mission.”
Walmart is among a growing list of
brick-and-mortar retail and pharmacy businesses looking to increase its piece
of the lucrative health care market, but appears to be the first to make a
shift into insurance sales.
Currently, 20% of the U.S. market is covered
by Medicare, according to statistics from Kaiser Health, and that number is
expected to increase as the country’s population continues to age. Walmart has
been working closely in recent years with other insurance carriers who provide
Medicare Advantage plans, allowing it better target its products to consumers.
Read more:
Emily Payne is managing editor at BenefitsPRO. A
Wisconsin native, she spent the past eight years writing and editing for
various athletic and fitness publications. She holds an English degree and
Business certificate from the University of Wisconsin.
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