Advisory Board July 9, 2020
Walmart has created a new subsidiary, called Walmart Insurance Services, which will sell health insurance policies to consumers, a spokesperson for the organization has confirmed.
Walmart rumored to start selling Medicare Advantage plans to customers
Walmart Apollo—the “intellectual property holding company” of Walmart, which is based in Arkansas—first filed the new subsidiary’s name with the Arkansas Secretary of State on June 26, but the news was not widely reported at the time. According to MedCity News, the subsidiary will likely focus on selling Medicare Advantage plans, but the company did not provide further details on the plans.
Company spokesperson Marilee McInnis said the organization has offered “access to insurance information in Walmart Health locations”...
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