Millions Could Be Affected by Costco’s New Medicare Plans

Costco is entering the Medicare market by partnering with a nonprofit to offer Costco-branded Medicare Advantage and supplement plans in three states, covering about 5 million enrollees. These plans will integrate with Costco’s existing health services like pharmacy and optical but won’t include a Costco membership due to federal rules. The initiative is a pilot, with details on costs, benefits, and launch timing pending regulatory approval.