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Walmart is the latest major retailer to set foot in the health insurance industry.
The retail giant plans to sell health insurance policies directly to consumers, according to a report by HR Dive. Walmart is currently hiring Medicare insurance agents to help get the new venture off the ground. Walmart did not immediately return a request for comment.
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As healthcare expenses approach double-digit increases, employers are looking for savings in waste, care delivery, and plan administration before cutting benefits.
In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
Gap coverage, supplemental benefits and options for various types of workers can help avoid cost shifting and still provide support.
As GLP-1 spending climbs, employers are asking whether the drugs deliver enough value. Better data could help them measure the payoff more accurately.
Multiple experts weigh in on the challenges and considerations benefit leaders need to keep in mind as they make decisions about medication coverage.
