Business
Alignment Healthcare and Walgreens to Introduce Co-Branded Medicare Advantage Plans in Select Markets in 2024
New plans to be available in 10 counties across Arizona, California, Florida and Texas, reaching up to 1.6 million Medicare-eligible adults ORANGE, Calif.,
About this update from Alignment Healthcare, Inc.
[{"type":"text","content":"New plans to be available in 10 counties across Arizona, California, Florida and Texas, reaching up to 1.6 million Medicare-eligible adults\nORANGE, Calif., and DEERFIELD, Ill., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC) and Walgreens (NASDAQ: WBA) have signed an agreement to offer new $0-premium co-branded Medicare Advantage (MA) plans in select markets throughout Arizona, California, Florida and Texas starting Jan. 1, 2024, reaching approximately 1.6 million Medicare-eligible adults, pending regulatory approvals.1 “Walgreens has a rich history of caring for communities, and we are honored to partner with this well-known and trusted retailer and pharmacy to expand access to care for seniors,” said Dawn Maroney, president, markets of Alignment Healthcare, and CEO of Alignment Health Plan. “Together, we’ll deliver a new level of access ‒ one that makes it easy, convenient and cost-effective for seniors to get the medicine they need and the high-quality service they deserve.” Members who enroll in one of the co-branded plans will be able to use their over-the-counter benefits at Walgreens or online through a mail-order provider. The plans offer comprehensive medical and prescription drug coverage including a $0 copay on more than 10,000 prescription drugs at Walgreens and other in-network pharmacies. All Alignment Health Plan members have access to Alignment’s 24/7 ACCESS On-Demand Concierge, a dedicated concierge team available 24 hours a day, seven days a week, to answer health-related questions, schedule medical appointments and arrange transportation. “As a partner of choice for health plans and health systems, Walgreens is committed to providing customers the care they need, when they need it, at lower costs,” said John Driscoll, executive vice president and president, U.S. Healthcare, Walgreens Boots Alliance. “Our partnership with Alignment Healthcare is another way we can deliver more value and connected care for seniors.” Walgreens operates nearly 9,000 retail locations across the United States, Puerto Rico, and the U.S. Virgin Islands, serving nearly 10 million customers each day. Alignment Healthcare offers a diverse portfolio of MA plans and benefits through Alignment Health Plan across Arizona, California, Florida, Nevada, North Carolina and Texas. The Walgreens co-branded plans will b...