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Walgreens plans to sell you health insurance
CNN Money ^ | August 9, 2011 | Parija Kavilanz

Posted on 08/10/2011 6:16:36 AM PDT by rightwingintelligentsia

NEW YORK (CNNMoney) -- Walgreens, the nation's largest drugstore chain, is planning to start selling health insurance to customers this fall.

Deerfield, Ill.-based Walgreens (WAG, Fortune 500) will sell health insurance products with different price ranges and coverage levels from coast-to-coast through a private health insurance exchange, according to people familiar with the matter.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy
KEYWORDS: healthcare; healthexchange; healthinsurance; insuranceexchange; obamacare; walgreens
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1 posted on 08/10/2011 6:16:40 AM PDT by rightwingintelligentsia
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To: rightwingintelligentsia

If they can offer a good insurance product at competitive prices, helps the public, and they make a profit, then GO FOR IT!


2 posted on 08/10/2011 6:20:46 AM PDT by The Bronze Titan
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To: The Bronze Titan

Yep. CVS opened their Minute Clinics...they work great. Much easier than making a doctor’s appointment if you need a quick diagnosis/prescription.


3 posted on 08/10/2011 6:24:52 AM PDT by Claud
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To: rightwingintelligentsia

I’ve gone into our Walgreen’s and have walked out...The prices are ridiculous. So I don’t expect anything unusual in the insurance game...kinda like AARP doing you a big favor with their insurance. Nothing more than brokers.


4 posted on 08/10/2011 6:24:55 AM PDT by Sacajaweau
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To: rightwingintelligentsia
"Those companies that get their exchanges up and running before 2014 could also succeed in stealing customers away from the public exchanges," he said.

. . .

However, Hoffman did point out one important distinction between public and private health insurance exchange. Consumers who are eligible for government subsidies can take advantage of them only in public exchanges and not in private exchanges.

------------------------------------

So like education, even when you are paying for your kid to attend private school...you will still be taxed for government school.

Paying for both will suck, but good for Walgreens for creating a private place where people can avoid the government programs.

5 posted on 08/10/2011 6:26:19 AM PDT by icwhatudo ("laws requiring compulsory abortion could be sustained under the constitution"-Obama official)
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To: The Bronze Titan

I am distrustful. Walgreens is based in Chicago.


6 posted on 08/10/2011 6:36:31 AM PDT by GWB00 (Barbara Streisand barely made it out of high school.)
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To: Sacajaweau
kinda like AARP doing you a big favor with their insurance.
My understanding is that AARP offers no insurance plans, but merely acts as the classic "middleman."
They endorse (and lead you to) specific insurance companies who sell you the insurance plan.
Of course AARP gets huge kick backs in return.
7 posted on 08/10/2011 6:40:38 AM PDT by oh8eleven (RVN '67-'68)
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To: Claud
Haven't heard of the minute clinics.

Interesting.

As soon as Gov't removes itself from the health area, private health enterprise is going to grow like gangbusters IMO.

8 posted on 08/10/2011 6:43:51 AM PDT by Siena Dreaming
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To: GWB00

Technically, Walgreen Corporation is in Deerfield, IL, which is just barely in Lake County.


9 posted on 08/10/2011 6:44:14 AM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: rightwingintelligentsia

When liberals say “affordable health care for all Americans”, they really mean “FREE health care”.


10 posted on 08/10/2011 6:44:59 AM PDT by AppyPappy (If you aren't part of the solution, there is good money to be made prolonging the problem.)
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I think this is a great idea.


11 posted on 08/10/2011 6:46:58 AM PDT by NoRedTape
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To: Sacajaweau

It’s very true that (unless you catch a good sale promotion) Walgreen nonprescription drugs are quite pricey. It could be worse. CVS is even pricier and has fewer sales. Wal-Mart’s Equate line of nonprescription drugs averages half the price of Walgreen’s.

If Walgreen jumps into mini-med plans, I’d expect Wal-Mart to be close on their tail to eat their lunch.


12 posted on 08/10/2011 6:48:28 AM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: rightwingintelligentsia

I would tend to like this except I think they are actually looking at the Obamacare mandate and lusting after a piece of that business.


13 posted on 08/10/2011 6:50:14 AM PDT by Buckeye McFrog
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To: HiTech RedNeck

I am surprised Walmart has not opened clinics in their stores. They could singlehandly bring down the price of healthcare. Think of how many locations they already have.
Plus their pharmacy business would boom.

The fact is you do not need to go see a doctor(MD) for a lot of the typical visits. This would also cut down on medicare fraud and lighten the crowds in emergency rooms across the country.


14 posted on 08/10/2011 7:02:58 AM PDT by woodbutcher1963
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To: rightwingintelligentsia

Awesome, we need more competition in the healthcare field. Wasnt walmart going to do the same?


15 posted on 08/10/2011 7:06:43 AM PDT by Paradox (Obnoxious, Bumbling, Absurd, Maladroit, Assinine)
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To: Buckeye McFrog

Walgreens made it no secret, long before Obamacare was signed by Obama, that they were expecting single-payer.

Poor fools, because as with the dearly loathed British NHS, private parties will be chewed up and spit out as so much wet confetti. There’s no way to keep ahead of socialism.


16 posted on 08/10/2011 7:11:33 AM PDT by HiTech RedNeck (There's gonna be a Redneck Revolution! (See my freep page) [rednecks come in many colors])
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To: woodbutcher1963

I was in a huge WalMart store in Bangor, Maine yesterday.

They had a clinic in the front of the store, with a nurse sitting at a front desk. There was a large sign with prices. Almost everything was a flat fifty dollar fee; a sports physical, treatment for a cold, sprain, and a long list of treatments for various illnesses and injuries.

A few treatments were $70.

I had heard of these clinics before, but I had never seen one. The WalMart store in my area of Maine, about a 45 minute drive from Bangor, does not have a clinic. The Bangor store is larger than other WalMarts in my area, so maybe that’s why they have a clinic and the others do not.


17 posted on 08/10/2011 7:13:37 AM PDT by july4thfreedomfoundation (Obama inherited a mild recession from George W. Bush and turned it into a major depression.)
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To: rightwingintelligentsia

This is good news.

We pay for our own medical insurance and the cost is high.

In my state there is almost no competition so there are few options for individuals not part of a group plan.

Pay Blue Cross rates or do without.


18 posted on 08/10/2011 7:17:22 AM PDT by Iron Munro (One Trillion seconds = 31,709.79 YEARS / One Trillion dollars = Obama's small change)
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To: Siena Dreaming

Apparently they are not in all of the country yet, but they are great.

http://www.minuteclinic.com/


19 posted on 08/10/2011 7:19:50 AM PDT by Claud
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To: rightwingintelligentsia
Our pharmacy went out of business and turned all of our prescriptions over to Walgreens. They do a pretty good job and we can get refills at any other Walgreens when we travel but I don't want to see a doctor there. I am a little bit particular about my doctor.
20 posted on 08/10/2011 7:21:32 AM PDT by Ditter
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