Alignment Healthcare And Walgreens To Introduce Co-Branded Medicare Advantage Plans In Select Markets In 2024
Portfolio Pulse from Happy Mohamed
Alignment Healthcare, Inc. (NASDAQ:ALHC) and Walgreens (NASDAQ:WBA) have signed an agreement to offer new $0-premium co-branded Medicare Advantage plans in select markets throughout Arizona, California, Florida and Texas starting Jan. 1, 2024. The plans will reach approximately 1.6 million Medicare-eligible adults, pending regulatory approvals. 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.
October 17, 2023 | 12:23 pm
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POSITIVE IMPACT
Alignment Healthcare's partnership with Walgreens to offer co-branded Medicare Advantage plans could potentially increase its customer base and revenues.
The partnership with Walgreens allows Alignment Healthcare to leverage Walgreens' extensive network and customer base, potentially leading to increased enrollments in their Medicare Advantage plans and thus increased revenues.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Walgreens' partnership with Alignment Healthcare to offer co-branded Medicare Advantage plans could potentially increase its customer engagement and revenues from its pharmacies.
The partnership with Alignment Healthcare allows Walgreens to offer more value to its customers, potentially leading to increased customer engagement and revenues from its pharmacies due to the $0 copay on more than 10,000 prescription drugs.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80