SCAN Health Plan and Costco have announced a Medicare Advantage partnership that offers eligible members an allowance of up to $400 toward hearing aids—potentially reducing the cost of a pair to about $1,200 when combined with the warehouse retailer’s existing prices....
Continue reading at Hearing Tracker
✦ The floor
Discussion
Signed responses from readers of the wire.
No actionable change to clinical practice; however, clinic owners should be aware this partnership may redirect price-sensitive Medicare Advantage patients toward Costco's hearing center.
Insurer-retailer partnerships like this accelerate the shift of hearing aid dispensing toward big-box and discount channels, intensifying competitive pressure on independent audiology practices.
- 01SCAN Health Plan and Costco have formed a Medicare Advantage hearing benefit partnership.
- 02Eligible SCAN members receive up to $400 toward hearing aids purchased at Costco.
- 03The deal could reduce out-of-pocket cost for a pair of hearing aids to roughly $1,200.
- 04This model bypasses traditional audiology clinic distribution channels.
- 05The arrangement targets the large and growing Medicare Advantage enrollment base.
The SCAN-Costco partnership could bring the out-of-pocket cost of a pair of hearing aids to approximately $1,200.
press releasepartially supportedEligible SCAN Health Plan Medicare Advantage members will receive up to $400 toward hearing aids at Costco.
press releasesupported