Becker's Healthcare August 28, 2019
Orange County, Calif.-based Alignment Healthcare, which entered the California payer market in 2014, has recorded 42 percent compounded annual growth each year since launching in 2013.
The health plan, which only offers Medicare Advantage, Part D and supplemental policies, covers about 60,000 members across three states. In its five years since going to market, Alignment has partnered with healthcare companies like Humana and Sacramento, Calif.-based Sutter Health, and is advised by former CMS administrators Mark McClellan, MD, PhD, and Andy Slavitt.
On Aug. 20, Alignment said it plans to double the footprint of the territories it covers and the number of plans it will offer during the 2020 enrollment period, expanding to 16 counties with 22 health maintenance organization and...