Costco to Sell Medicare Advantage and Supplement Plans in Select States via SCAN Group Partnership
40Framing Analysis
Costco is partnering with nonprofit insurer SCAN Group to offer Medicare Advantage plans in two states and Medicare supplement plans in a third state, targeting markets with approximately 5 million enrollees. Federal law bars bundling these products with Costco memberships, and sales will occur both in stores and through traditional channels pending Medicare agency approval. The companies have not disclosed specific locations or timelines due to regulatory restrictions.