- Alignment Healthcare, a platform for customized health care plans for seniors, announced an expansion to Florida in 2023.
- The company plans to offer services in four Florida counties: Clay, Duval, Manatee, and Sarasota.
- The Alignment plans have agreements with the federal government to offer benefits and services to seniors including disease management, vision, dental, and wellness programs
In 2023, Alignment Healthcare, a rapidly expanding senior health plan, will introduce Medicare Advantage in Florida and two additional areas.
Pending regulatory approval from the Centers for Medicare and Medicaid Services, with these expansions, Alignment will reach an additional 1.1 million Medicare-eligible seniors, resulting in a total of 8.2 million Medicare-eligible seniors.
If approved, seniors will be able to choose plans in Florida for the 2023 plan year during Medicare’s annual enrollment period beginning Oct. 15.
Alignment already sells Medicare Advantage in four states: Arizona, California, Nevada, and North Carolina, and plans to enter Clay, Duval, Manatee, and Sarasota counties in Florida
“A quarter of our nation’s seniors live in California, Florida, and Texas,” said Alignment founder and chief executive officer John Kao. “At a time when both the number and needs of seniors are on the rise, it is critical that we bring our model to more people and accelerate our positive impact on senior care in this country.”
Medicare Advantage plans have agreements with the federal government to offer additional benefits and services to seniors, including nurse support hotlines, disease management, and some vision, dental, and wellness programs. Additionally, the Centers for Medicare & Medicaid Services have permitted Medicare Advantage plans to offer additional supplemental benefits, which has increased their appeal to elderly citizens.
Prior to this year, Alignment reported that the number of health plan participants as of December 31, 2021 had increased by 26 percent to 86,100. As a result, overall sales increased by 23 percent to $298.3 million in the fourth quarter of 2017 compared to the same quarter the previous year. Alignment announces its fiscal second-quarter 2022 results on August 4.
“Too many seniors remain vulnerable without the care coordination and personalized attention they so desperately need,” continued Kao. “Putting the senior first is at the heart of our model and our growth strategy. We believe that our data-driven approach has the potential to improve the quality of our members’ lifestyle and healthcare experience across all geographies.”