Walmart is moving into the health care arena.
As a big retailer, Walmart is increasingly looking at health care, with the latest announcement by CEO Doug McMillon suggesting that the company will expand its efforts into this sector as well.
Walmart has long had a healthy presence in the health insurance market.
The company currently offers health insurance to about 1 million people across the U.S.
The Walmart Health Care Center, in the heart of the company’s health care division, will be a hub for Wal-Mart’s health plans, as well as for other health plans with a strong presence in health care.
Walmart’s announcement comes amid a push by the Trump administration to shift away from the Affordable Care Act, or ACA, in favor of an alternative that is far less comprehensive.
The Affordable Care Acts “repeal and replace” plan is a proposal that would replace Obamacare’s individual mandate with a voucher program that would allow people to buy health insurance at a discounted price, and then pay it out as they choose.
Wal-Mart is among the health insurers that are expected to participate in the plan.
Walmart CEO Doug MacMillon said that the health centers will offer health insurance “to help consumers find the right health plan, while also supporting the Walmart community.”
“We will be investing in health and wellness across our portfolio, both in our health centers and throughout our stores,” the CEO said in a statement.
“This is an important opportunity for us to serve our customers with the care and quality they deserve.”
Walmart will start accepting health insurance applications for the centers by the end of June.