Costco wants to ‘reimagine’ healthcare for older adults. What to know

Live updates

1. 26d ago

   Costco partners with SCAN Group for Medicare Advantage plans

   Costco is teaming up with SCAN Group to offer Medicare Advantage plans, aiming to 'reimagine' healthcare for older adults. The partnership allows Costco to leverage SCAN Group's expertise in Medicare plans, potentially offering competitive pricing and expanded services to its members. This move marks Costco's entry into the healthcare market for seniors.

   Why it matters

   The partnership between Costco and SCAN Group is significant as it brings a major retail player into the Medicare market. Costco's large customer base and SCAN Group's experience in Medicare plans could make for a competitive offering. The move is part of Costco's strategy to expand its services beyond retail.

   What is confirmed

   • Costco is partnering with SCAN Group to offer Medicare Advantage plans.
   • The partnership aims to 'reimagine' healthcare for older adults.
   • Costco is entering the Medicare market with this partnership.

   What to watch next

   • Details on plan pricing and services
   • Enrollment numbers and member feedback
   • Expansion of services beyond Medicare Advantage plans
   Sources used for this update (6)

   1. WSJ — Exclusive | Costco Sells Vacations, Gas and, Soon, Medicare Plans
   2. Modern Healthcare — Scan Health Plan, Costco team up on Medicare plans
   3. Fox Business — Costco plots major expansion into senior healthcare with Medicare partnership
   4. KTLA — Costco wants to ‘reimagine’ healthcare for older adults. What to know
   5. Yahoo Finance — Costco launching Medicare Advantage plans with SCAN Group
   6. USA Today — Costco's latest deal: Get Medicare with that $1.50 hot dog and soda
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