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Mike Daly

| less than a minute read
Reposted from InsurTech World

First Amazon and now Walmart entering insurance?

Walmart's talks with an insurance giant could be part of an assault on Amazon Prime.

"Humana has held early-stage talks with Walmart focused primarily on new partnerships, according to multiple news reports. And while you probably think of Walmart as a giant retail business, it's also one of the largest pharmacy chains in the US, behind only Walgreens and CVS."

Lydia Ramsey BI Prime April 3rd 2018 

Another sign of the importance to be assigned to creating the right partnerships and ecosystems if you are an insurer

Humana has held early-stage talks with Walmart focused primarily on new partnerships, according to multiple news reports. And while you probably think of Walmart as a giant retail business, it's also one of the largest pharmacy chains in the US, behind only Walgreens and CVS. Walmart has long had a focus on affordable prescriptions as well, offering some generic medications for $4. And Humana has historically had a close relationship with Walmart; for example, they have a cobranded Medicare drug plan and an initiative that provides healthy-food credits.

Tags

insurtech, ecosystems, omnichannel