Costco & SCAN Health Plan Launching Medicare Advantage Plans In 3 Markets

Costco Wholesale Corporation is planning to enter the Medicare Advantage market through an expanded partnership with SCAN Health Plan. The partnership will initially offer co-branded Medicare Advantage products in two states and a Medicare Supplement (Medigap) product in a third. The initial states have not been disclosed.

The partnership is Costco's first comprehensive partnership with a Medicare plan. Costco Chief Executive Officer Ron Vachris said the company has spent more than 40 years building consumer trust around value and expanding its health service offerings, and described the selection of SCAN as its partner for older adults as an . . .