Costco & SCAN Plan Medicare Advantage Pilot Across Markets With Five Million Medicare-Eligible Consumers

Costco Wholesale Corporation is planning to enter the Medicare Advantage market through an expanded partnership with SCAN Health Plan that will initially pilot co-branded Medicare Advantage products in two states and a Medicare Supplement (Medigap) product in a third. The three initial target markets collectively include an estimated five million Medicare-eligible consumers. The products are pending federal regulatory approval.

The initial states have not been disclosed. SCAN currently operates Medicare Advantage plans across 33 counties in California, Arizona, Nevada, Texas, New Mexico, and Washington and serves nearly 460,000 members.

The pilot is expected to distribute the products . . .