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Walmart forms insurance agency to sell Medicare insurance direct

Insurance Forums Staff

Walmart is forming an insurance agency in Texas that will sell Medicare insurance, and is holding a “virtual hiring event” on July 9 to find “several Medicare Insurance Agents” to work for its new company, Walmart Insurance Services LLC, according to postings on Walmart’s Careers website and the job-search site Indeed.com.

“Yes, you read that right, Walmart now has an insurance agency,” the posting for the Medicare Sales Supervisor position says. “Walmart strives to be a center of wellbeing 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,” the job post continues.

Starting the first week of August, the new hires will enroll customers in Medicare health insurance plans over the phone. The full-time licensed agents will work from a Dallas-area call center, but also have the option to work remotely, according to the job description.

The company also is looking for a Medicare sales supervisor, sales manager and sales trainer, as well as a quality assurance worker to monitor the sales calls. All will have a work-from-home option.

Walmart’s insurance company is the latest development in a string of moves the company has made recently into the lucrative health care market, according to the Arkansas Democrat Gazette, which first reported the news.

Walmart has allowed agents from individual insurers to set up in its stores to answer questions and enroll customers since at least 2005. Money magazine reported in 2014 that the arrangement was aimed at increasing foot traffic to stores in hopes that customers would shop and spend money while they were there.

But Walmart Insurance Services will enable the company to sell directly to customers for the first time, the Democrat Gazette article says.



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