Wal-Mart (NYSE: WMT) is the world’s largest retail company.
It is coming in where The Affordable Care Act, or ObamaCare, is performing poorly. Wal-Mart is now working with DirectHealth.com to allow for consumers to shop for the best health insurance deal. This is a great service to the American people from a great American company.
Due to the failure of The Affordable Care Act in this area, Wal-Mart senses an opportunity to expand its offerings of goods and services, which will only only benefit consumers around the world as it has in the past.
As those fortunate to own its stock know, Wal-Mart moves to where there is a need. That means there is a demand for a good or service. From that, Wal-Mart makes a profit. It obviously senses that consumers have a need for better assistance in securing health insurance.
That exists despite billions and billions spent (and wasted) on ObamaCare navigators, those who help consumers understand it, and on HealthCare.Gov, the website for the Federal Government.
According to an article in The Huffington Post by Anne D’innocenzio, “Wal-Mart says that the program targets shoppers who have been confused by the enrollment process and about their health insurance programs. They include those whose employers scaled back their coverage to those who don’t have any insurance. That has sent customers shopping around on various health care sites or at various kiosks set up by specific insurance companies.”
D’innocenzio’s piece, “”You Can Now Get Health Insurance at Walmart,” also notes that,” …Wal-Mart program called “Healthcare Begins Here,” customers can enroll online, by phone or at 2,700 of Wal-Mart’s more than 4,000 stores, starting Oct. 10. The stores will be staffed with independent insurance agents from.”
Wal-Mart senses a need and profit opportunity right around the same time that the second enrollment period for ObamaCare commences, which is certainly an indicator of its tremendous shortcomings!