8/10/2011 6:00 PM ET |
Filed under: Health
If you'll be shopping for a new health insurance plan this fall, head over to your neighborhood Walgreens.
Sources say the largest drugstore chain in the United States is planning on offering health insurance products with various price ranges and coverage levels from all across the nation through a private health insurance exchange.
Without confirming the rumors, a spokesperson for the company said:
"As always, we're looking at a number of options in light of health care reform as we continue to seek ways to help our customers better navigate today's health care system."
Experts suggest retail companies are in a position to cash in by offering insurance through private exchanges in light of health care reform, saying:
"For retailers, [creating a private insurance exchange] is a way to generate more revenue from a new business. Those companies that get their exchanges up and running before 2014 could also succeed in stealing customers away from the public exchanges."
Sources believe Walgreens is in a particularly good position to become a "one-stop shop for all healthcare needs" because the company is already the #1 seller of pharmacy,health and beauty products.
Tags: drug store, healthcare reform, pharmacy, private health care, public exchange, walgreens