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Costco Partners With SCAN Group to Sell Costco-Branded Medicare Plans

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Costco will partner with nonprofit insurer SCAN Group to sell Costco-branded Medicare plans, with an initial rollout in two states and a Medicare supplement product in a third, pending federal regulator approval. The target markets cover about 5 million Medicare enrollees. Plans will be sold in Costco stores alongside agents and websites, with no membership discount, in a pilot meant to leverage pharmacy, vision, and hearing services.

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