Yes, it's just a plastic blister/bubble cover a plastic insert tray. Nothing is glued down. It has fold over tabs which are then secured by sticky tape. Once you break the seal (tape) then you unfold the tabs to remove the bubble. You can place the bubble back on and the fold-over tabs keep it attached to the card so that you can display it MOC (although not MOSC).
What irritates me with Hasbro is how they have
partial fold-over tabs on some carded figures but then the rest of it is glued on - which kinda makes the whole idea of having fold-over tabs redundant; e.g.: Hasbro's carded movie Transformers.