Wal-Mart Stores may Provide Insurance to Small Businesses


Wal-Mart Stores may Provide Insurance to Small Businesses

As per a recent report published in the Orlando Business Journal, it has been revealed that there are chances that Wal-Mart Stores are indulging into the plans of working with insurers.

Their main target will be providing low-cost insurance covers to small businesses. While confirming the plans, Marcus Osborne, Vice-President of health and wellness payer relations at Wal-Mart Stores said that the plan will help small employers to save.

For now, it is not known that how things will work as they are still chalking out their strategies. Wal-Mart spokesman Danit Marquardt said that they have been thinking about the plan. But, for now they do not have any such provision for small businesses.

It has been seen that Wal-Mart keeps on coming with different plans in order to expand businesses. Not a long time has passed when the organization said that they were planning to health-care offerings. But, later they refused of working on such plan.

"All the pharmacy chains, including Walmart, are looking for ways to provide primary care in a way that's more accessible and more affordable", said Kaiser Family Foundation`s Senior Vice President, Larry Levitt. It now has to be seen that whether or not the company actualizes this plan.

Latest News

Deutsche Bank Q3 Loss may be a Record One in a Decade
Volkswagen Scandal Worries the City of Wolfsburg
Strong Component Sale and Weak Won help Samsung’s Third Quarter Profits
Is the U.S. Shale Oil Boom Heading Towards the Beginning of Its End?
Volkswagen Plans to Launch a Recall in January and Fix the Affected Diesel Cars
BOJ Keep Record Stimulus Unchanged
BP Plc will Pay $20 Billion as Penalties for the Deadly Oil Spill of 2010
Ben Bernanke says Larger Number of Executives Involved in 2008 Financial Crisis
United’s New CEO Oscar Muñoz Aims at Improving relation with Workers
The September Job Number Hint at a Sluggish Patch
First Data Launches its IPO, Targets to Raise Up to $3.7 Billion
ConAgra’s Head Quarter Move Announcement gets Positive but ‘Muted’