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Costco Plans to Launch Medicare Products for Senior Members
The limited rollout will offer senior-focused plans that connect with Costco pharmacy, vision and hearing services and will be sold through stores, agents and websites.
- On Tuesday, Costco and nonprofit insurer SCAN Group announced a partnership to launch Costco-branded Medicare Advantage plans, with the product currently awaiting federal regulatory approval.
- This move extends Costco's 'we vet it for you' reputation into the $600 billion Medicare market; Costco CEO Ron Vachris said the company seeks to build on existing trust across its 626 U.S. stores.
- The companies plan a limited rollout in two states for Medicare Advantage plans and a third state for a Medicare supplement, though federal rules prohibit including a free warehouse membership.
- Until federal regulators approve the products, beneficiaries won't know specific premiums, provider networks, or state locations; SCAN Group CEO Sachin Jain noted the goal is to redesign the Medicare Advantage experience with an 'exquisite focus on member value.'
- Building on an existing relationship where Costco provides pharmacy and hearing services to SCAN members, this initiative enters a competitive sector where over 35 million people were enrolled in Medicare Advantage as of February 1, 2026.
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38 Articles
Costco, known for selling everything from food and gasoline to travel and medicine, is preparing to enter the massive Medicare market in the United States much more deeply through an alliance with SCAN Health Plan that will bring…
·San Juan, United States
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Costco plots major expansion into senior healthcare with Medicare partnership
Costco will soon offer Medicare plans to certain members as part of a new, first-of-its-kind health insurance venture. The warehouse giant has teamed up with SCAN Health Plan, one of the nation’s largest nonprofit Medicare Advantage plans focused on senior health care, the insurance company announced Tuesday. Under the partnership, the companies will launch a "suite of senior-focused" insurance products over the coming years. Pending regulatory …
·New York, United States
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Coverage Details
Total News Sources38
Leaning Left6Leaning Right6Center20Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 19%
C 62%
R 19%
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