Drugstore chain Walgreens will reportedly begin offering health insurance this fall.
CNNMoney reported Tuesday the Deerfield, Ill.-based company will sell health insurance products with different price and coverage levels across the nation.
Walgreens neither confirmed nor denied the move.
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Health reform requires federal and state-run health exchanges, in which under-insured and uninsured people can access subsidized health insurance. The Department of Health and Human Services released on July 11 a set of proposed rules and guidelines to help states as they establish exchanges.
CNNMoney says "retailers, financial services providers and a large payroll processer are among firms that are actively looking into starting private health insurance exchanges" in a race to compete with the 2014 deadline for public exchange set-up. But consumers eligible for government subsidies in public exchanges won't be able to take advantage of them in private exchanges.
Walgreens is the biggest drugstore chain in the U.S, with more than 7,700 drugstores in all 50 states. Total sales for the retailer grew 4.7 percent to $5.82 billion as it continued to expand and more customers came to its stores, according to the Associated Press. Overall, total pharmacy revenue rose 2.7 percent and front-end revenue grew 6.8 percent.
Walgreens offers walk-in health care centers (Take Care Clinics) at more than 350 locations across the country.
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