The company, which has 626 stores<\/a> across the U.S., will partner with nonprofit Medicare plan provider SCAN Group to offer the coverage, according to a statement<\/a> Tuesday.<\/p>\n \u201cOlder adults<\/a> want healthcare that is easier to navigate, more responsive to their needs and rooted in organizations they trust,\u201d SCAN Group CEO Dr. Sachin H. Jain said. \u201cOur expanded partnership with Costco will give us a strong foundation to explore new ways to help people stay healthy<\/a> and independent\u201d<\/p>\n Costco will provide Medicare Advantage in two states and a Medicare supplemental plan in one state, The Wall Street Journal reported<\/a> Tuesday. <\/p>\n Tuesday\u2019s news expands on an existing Costco-SCAN partnership. The warehouse club provides prescriptions and eyewear and hearing services<\/a> for SCAN\u2019s Medicare Advantage customers<\/a>. <\/p>\n Medicare Advantage, which covers hospital stays and doctor visits, is typically available to those age 65 and older. It provides low-cost medical care through private insurers – premiums average $14 a month<\/a>, according to the Centers for Medicare & Medicaid Services. <\/p>\n Some 33 percent of Costco shoppers are baby boomers, according to data analysis site Numerator<\/a>, the target demographic for Medicare insurance. <\/p>\n The companies didn\u2019t indicate which states will offer the plans. SCAN currently provides Medicare insurance in Arizona, California, Nevada, New Mexico, Texas and Washington. Three of SCAN\u2019s Medicare states – California, Texas and Washington – are home to 35 percent of Costco\u2019s U.S. stores. <\/p>\n The Independent contacted Costco for comment. <\/p>\n Neither of Costco\u2019s two main competitors, Sam\u2019s Club and B.J.\u2019s, offer Medicare plans. <\/p>\n Walmart, which owns Sam\u2019s Club, announced in June that its warehouse club launched a Medicare initiative providing one-on-one pharmacist consultations and additional education materials.<\/p>\n Medicare Advantage plans play an important role in a retiree\u2019s financial and physical well-being. The plans\u2019 affordable average monthly premium helps retirees offset medical expenses that will cost, on average, $185,500 from age 65 to death, according to July data <\/a>from financial services firm Fidelity.<\/p>\n Sufficient medical coverage is critical to managing ongoing medical costs, which create more financial pressure for retirees than one-off medical incidents, according to a February study from data and insights PYMNTS. <\/p>\n \u201cFor older consumers living on fixed or semi-fixed incomes, routine healthcare costs reduce monthly cash flow flexibility and heighten sensitivity to billing timing, payment structure and predictability,\u201d the study said. <\/p>\n","protected":false},"excerpt":{"rendered":"Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The…\n","protected":false},"author":2,"featured_media":742343,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[102,2960,56,54,55],"class_list":["post-742342","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-health","tag-healthcare","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/742342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=742342"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/742342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/742343"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=742342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=742342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=742342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Medicare](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/GettyImages-2189444987.jpg\")
Medicare Advantage, which covers hospital stays and doctor visits, is typically available to those age 65 and older. Some 33 percent of Costco shoppers are baby boomers (Getty)<\/p>\n![\"Those](\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/08\/104222328...jpeg\")
Those 65 and older are typically eligible for the Medicare Advantage plans that Costco and SCAN Group will offer to members of the wholesale club (AFP\/Getty)<\/p>\n