Scan Health Plan said it will begin selling Medicare Advantage plans in the state of Texas in 2023, expanding the primary insurer’s coverage to four states.
The nonprofit payer also plans to expand its existing footprint in Nevada by settling in Nye County, an area northwest of Las Vegas.
“The extensions would bring Scan’s total reach to nearly seven million potential customers in 20 markets across four states,” SCAN said in a statement. Scan currently insures approximately 270,000 people in California, Nevada and Arizona.
Enrollment in Medicare Advantage has more than doubled over the past decade as the program has grown in popularity.
In 2021, more than 26 million people opted for Medicare Advantage coverage, representing 42% of the total Medicare population, according to the Kaiser Family Foundation.
The expansion is subject to approval from federal health regulators, according to Scan. The push comes as Scan Group, which owns the health plan, strives to diversify its portfolio beyond health plans for the elderly.
Recently, Scan Group agreed to invest in SafeRide Health, a non-emergency medical transportation broker. The agreement aims to reduce the barriers older people face in getting to medical appointments.