#Walmart creates new health insurance business, looks to hire agents

Walmart is making its latest move into the health care space with its own insurance business, the company said on its website.

The world’s largest retailer has created an insurance agency under the name “Walmart Insurance Services LLC” and is looking to hire agents in the Dallas area to sell Medicare insurance, starting in August, according to a post on its careers page.

Walmart currently operates four health centers in the US, which give low-priced medical health care services such as dental care and counseling for customers.

Shares of Walmart were trading down 1 percent, at $125.72, in the early afternoon.