SCAN Health Plan partners with Costco

Medicare Advantage provider SCAN Health Plan is partnering with Costco to introduce a suite of senior-focused insurance products over the coming years.

Offerings may include, pending regulatory review and approval, a re-invented pharmacy experience, Medflex over the counter benefits, vision, audiology, and more.

According to a report by The Wall Street Journal, SCAN and Costco said they would start selling their jointly named Medicare Advantage products in two states and a Medicare supplement in a third. SCAN serves nearly 460k members across six states: California, Arizona, Nevada, Texas, New Mexico, and Washington.

The effort marks Costco’s first comprehensive partnership with a Medicare Plan.

“For the millions of older adults who rely on Medicare Advantage, the future of the program depends on strong partnerships that make healthcare more accessible, more connected and more seamlessly integrated into everyday life. Older adults want healthcare that is easier to navigate, more responsive to their needs and rooted in organizations they trust. Our expanded partnership with Costco will give us a strong foundation to explore new ways to help people stay healthy and independent while delivering the quality, value, and service both of our organizations are known for.” – Dr. Sachin H. Jain, CEO of SCAN Group and SCAN Health Plan.

“For more than 40 years, Costco has consistently listened to our Members and earned their trust delivering consistent value on essential goods and expanding our health service offerings. Selecting SCAN as our partner to deliver a better healthcare experience for seniors, is an extension of that commitment. We have developed a shared understanding of what matters most to the seniors we serve. Deepening our partnership allows us to build on that foundation and create value for our Members.” – Ron Vachris, CEO of Costco.