Walgreens To Start Selling Health Insurance

Come this fall, when you go to your local Walgreens to pick up your prescription, you may also be able to shop for a health insurance plan, as CNN reports that the country’s largest drugstore chain is about to get into the insuring business.

Citing sources familiar with the matter, CNN says that Walgreens will begin selling a variety of plans with different price ranges and coverage levels starting this fall. It will all be done through a private health insurance exchange.

CNN also says this is just one of many companies that plan on setting up a health insurance exchange in advance of the coming health care reform mandates in 2014:

Retailers, financial services providers and a large payroll processer are among firms that are actively looking into starting private health insurance exchanges that are separate from public exchanges, industry watchers said.

A rep for Walgreens wouldn’t comment to CNN specifically on its plan for selling health insurance, but did say, “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.”

Walgreen Co. plans to sell health insurance [ChicagoBreakingBusiness.com]