Walmart reportedly eyes deal with insurer Humana
The newspaper said that the retail giant is in early talks with Humana, a major provider of Medicare Advantage coverage for people age 65 and older. Citing anonymous sources, the Journal said late Thursday that the companies are discussing a number of options, including an acquisition.
There have been a number of major health care deals announced in recent months as health insurers, pharmacy benefit managers and retailers like the drugstore chain
Late last year, CVS announced a
The online giant Amazon is working with billionaire
One major aim of these deals is to share patient data that will help monitor care and keep people healthy, especially those with chronic conditions who generate most of the health care spending in
They also want to steer patients to clinics and urgent care centers and away from more expensive locations for care like emergency rooms.
Humana provides Medicare Advantage coverage for more than 3.3 million people. Those plans are privately run versions of the government's Medicare program. Enrollment in that coverage has been growing for years, and that's expected to continue as baby boomers age and become eligible.
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