Costco to offer Medicare Advantage plans through SCAN Health Plan
Key Points:
- Costco is partnering with SCAN Health Plan, a major nonprofit Medicare Advantage provider, to offer Medicare plans to select members in a new health insurance initiative.
- The partnership aims to launch a suite of senior-focused insurance products, including enhanced pharmacy services, vision care, and hearing benefits, pending regulatory approval.
- These Medicare plans will be sold both in Costco stores and online through insurance agents, with availability details still pending regulatory review.
- SCAN Health Plan serves members in 33 counties across six states and aims to simplify and improve seniors’ healthcare experience through this collaboration.
- Costco CEO Ron Vachris emphasized that the partnership aligns with the company’s long-standing commitment to delivering value and trusted services to its members, especially seniors.