Costco Partners with SCAN to Launch Branded Medicare Plans

Costco announced on Tuesday, August 18, 2026, that it will partner with the nonprofit SCAN Health Plan to offer its own branded Medicare plans, marking the warehouse retailer's first entry into the Medicare insurance market. The companies plan to launch Medicare Advantage plans in two states and a Medicare supplement plan in a third, pending federal regulatory approval. Specific states, launch dates, premiums, and benefit details have not been disclosed.

The partnership expands an existing relationship where Costco provides prescription, eyewear, and hearing services to SCAN members. Under the new arrangement, SCAN will remain the insurer holding the Medicare contract, while Costco will contribute its brand, retail footprint, and existing health services. The proposed plans are expected to integrate benefits such as pharmacy services, over-the-counter allowances, and vision and hearing care. The companies stated the plans will be sold in Costco warehouses, through insurance agents, and online.

Federal regulations prohibit tying Medicare coverage to a Costco membership, so enrollment will not require a membership card. The three initial target markets together contain...