Walmart Selling Medicare Now ?

[Lioness]

Looks like Walmart will be selling Medicare starting in August. The article below states that they will be hiring both Medicare Insurance Agents and Call Center Representatives.
Didn't see this coming...

Walmart to open Medicare insurance agency in the Dallas market - Talk Business & Politics

 

[Lioness]

As large as Walmart is, they could become a monopoly and put alot of agents out of business.

 

[Newby]

Looks like Walmart will be selling Medicare starting in August. The article below states that they will be hiring both Medicare Insurance Agents and Call Center Representatives.
Didn't see this coming...

Walmart to open Medicare insurance agency in the Dallas market - Talk Business & Politics

There have been agents standing at the entrance of Wal-Mart for the last 10-years and they haven't put a dent into anyone's business. I wouldn't worry about it.

 

[25MercuryHP]

As large as Walmart is, they could become a monopoly and put alot of agents out of business.

The beginning of unraveling the compensation as we know it. In house agents paid penny wages is coming that never see the street.

Sell it while we can... then poof !

 

[somarco]

Very few of my clients will drive by a WalMart, much less go in one.

GEICO marketed direct to consumers. No field agents. That business model would revolutionize the P&C market and eliminate the need for agents.

eHealth was supposed to drive agents out of business. Odd how that never happened.

 

[wehotex]

Very few of my clients will drive by a WalMart, much less go in one.

GEICO marketed direct to consumers. No field agents. That business model would revolutionize the P&C market and eliminate the need for agents.

eHealth was supposed to drive agents out of business. Odd how that never happened.

I wonder what happens to the agents who are assigned to a Walmart this coming AEP? Some WMs have been good. WM can advertise this all they want, but they won’t be able to attract quality agents.

article only mentions DALLAS. It could be just a test, only a test...

 

[Yagents]

So many signs that the end for agents is near. Time to close up shop? Sell my book? Select quote, lemonade, and now walmart.

Everyone should get out now!!

 

[somarco]

So many signs that the end for agents is near. Time to close up shop? Sell my book? Select quote, lemonade, and now walmart.

Everyone should get out now!!

Channeling @CHUMPS FROM OXFORD ?

 

[axeman462]

Walmart has been dabbling in the insurance business for years. Never made any real splash, probably won`t ever.

Just keep doing what you are doing, keep investing your profits, remain flexible, and stay diversified.

 

[axeman462]

Very few of my clients will drive by a WalMart, much less go in one.

GEICO marketed direct to consumers. No field agents. That business model would revolutionize the P&C market and eliminate the need for agents.

eHealth was supposed to drive agents out of business. Odd how that never happened.

yup, very true. and quite frankly, the kind of customer that would buy insurance from the 3 you mentioned, would never be our customer in the first place, and we wouldn't want them to be