Walmart partners with SCAN Health on Medicare Advantage plans
Walmart has partnered with nonprofit health plan provider SCAN Health Plan to offer co-branded Medicare Advantage plans in two states, targeting over two million potential enrollees. The partnership aims to leverage Walmart's Everyday Health Signals AI platform to provide personalized wellness and nutrition guidance based on members' shopping habits and self-reported goals. SCAN serves nearly 460,000 members across multiple U.S. states through its health plan offerings. This collaboration follows a similar agreement between SCAN and Costco Wholesale for Medicare plans, marking another major retailer's entry into the sector. The new Walmart-SCAN plans are pending regulatory approval with open enrollment set to begin on October 15. Walmart has been expanding its insurance services since launching its licensed agency in 2020. While financial terms of this deal were not disclosed by either party, both companies emphasized their combined strengths in retail and healthcare expertise as key differentiators for the new offering.
Topics: Medicare Advantage Partnership Announcement Retail Health Services