Forbes August 6, 2020
Alignment Healthcare, a fast-growing health plan for seniors enrolling in privatized Medicare, is expanding into new markets for 2021 thanks to operational successes in the fast-growing market.
Alignment, which is poised to eclipse $1 billion in annual revenues this year, Thursday said it will expand into several new markets in California and North Carolina where the insurer already sells its Medicare Advantage plans. And Alignment will also begin offering products in Nevada, which will be a new Medicare Advantage market for the startup.
In all, the insurer will increase its sales target territory to 22 counties in three states in what the company says will enable the insurer to reach a market of more than 5.9 million people eligible for...