Clover Health and Walmart offer zero-premium health cover
Insurtech Clover Health has announced a new partnership with retail giant Walmart to bring citizens of Georgia, USA more affordable health insurance.
Available in eight counties to approximately half a million eligible Medicare patients, the collaboration hopes to combine Walmart’s philosophy of low-priced value and Clover’s mission to transform health cover.
The latter company also came sixth in our recent Top 10 insurtech unicorns list. Striving to improve healthcare for both physicians and patients, the company employs a team of software engineers, data scientists and designers to produce a frictionless and people-centric experience.
Founded in 2014, Clover is rapidly gaining popularity; it reported at the start of 2020 that its uptake had outstripped the five-year industry average by 30%.
"The Walmart brand is synonymous with the best value and low prices, and that's exactly what we're doing at Clover," said Andrew Toy, President and CTO of Clover Health.
"By offering affordable insurance plans with an open network of doctors and hospitals, we are democratising high-quality care and bringing it to individuals and communities that have previously been overlooked by other insurers."
In addition to enabling saving opportunities on specific items and at Walmart stores, the plan itself - LiveHealthy: Clover Powered, Walmart Enhanced (PPO) - includes (but is not limited to) the following benefits at a $0 monthly premium:
- Unlimited primary care visits
- 90 and 100-day prescription drugs (Tier 1 and 2)
- SilverSneakers fitness programme
- Diabetes monitoring supplies
"Walmart is committed to delivering quality care at affordable prices for our customers, and we are proud to partner with Clover Health to help people get the healthcare they want and deserve," said Marcus Osborne, Senior Vice President of Walmart U.S. Health & Wellness.
"Providers in Walmart Health will use Clover's data-driven technology, Clover Assistant, to help support the healthcare journey of LiveHealthy members as they live better, healthier lives."
