Forbes June 29, 2022
Alignment Healthcare, a fast-growing health plan for seniors, is expanding into two new markets for 2023, launching Medicare Advantage in Florida and Texas.
Alignment, which became publicly-traded company last year in the popular and competitive Medicare Advantage business, Wednesday said its expansion to Florida and Texas will also include launching plans “into additional counties within the four states where it currently operates.” Alignment already sells Medicare Advantage in four states: Arizona, California, Nevada and North Carolina.
The market potential in Florida and Texas is large and growing. Alignment said its additional expansions, which still have to be approved by regulators, will “reach an additional 1.1 million Medicare-eligible seniors, resulting in total of 8.2 million Medicare-eligible seniors across 52 counties in...