Clover Health announces plans to nearly double its geographic footprint. The expansion, which is subject to CMS approval, will make Clover’s Medicare Advantage (MA) plans available to eligible individuals in a total of 209 counties across nine states. Individuals eligible for Medicare in these new counties can sign up for Clover’s plans during the Annual Election Period, which runs from October 15 to December 7, with coverage starting on January 1, 2022. Clover currently offers its Medicare Advantage plans in 108 counties where it cares for approximately 66,300 members. The planned expansion will bring coverage to an additional 101 counties, 94 of which are in Clover’s existing states of Georgia, New Jersey, South Carolina, and Texas, and seven of which are in Alabama—a new state for the company. Clover also has plans available in Arizona, Mississippi, Pennsylvania and Tennessee.
Clover Health Investments, Corp. is a physician enablement company. The Company is focused on seniors who have historically lacked access to affordable healthcare. It offers a software platform, Clover Assistant, which is designed to aggregate patient data from across the health ecosystem to support clinical decision-making and improve health outcomes. The Company operates under two segments: Insurance and Non-Insurance. Through its Insurance segment, it provides Preferred Provider Organization (PPO) and Health Maintenance Organization (HMO) plans to Medicare Advantage (MA) members in several states. The Company's Non-Insurance segment consists of operations in connection with its participation in the Direct Contracting program. The Companyâs subsidiaries include Clover Health Labs, LLC, Medical Service Professionals of NJ LLC, Clover HMO of New Jersey Inc., Clover Health Holdings, Inc. and Clover Health Partners, LLC.