Healthcare Finance News August 5, 2022
Despite a recent scale-back of resources, HCSC is hoping to reach about 1.1 million more Medicare-eligible patients.
Health Care Service Corporation is doubling down on Medicare Advantage and planning a service area and product expansion in 2023 that’s expected to reach 150 new counties across Illinois, Montana, New Mexico, Oklahoma and Texas – encompassing about 1.1 million Medicare-eligible patients.
The proposed expansion, which focuses on providing access to care in rural and underserved areas, would allow the company to offer Medicare Advantage Prescription Drug (MAPD) plans to 7.5 million people in more than 330 total counties – a more than 40% increase.
HCSC currently insures about 17 million Americans in five states, including seniors through its Medicare Advantage plans.
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