Scan Health Plan

Scan Health Plan

Scan Health Plan was founded in Long Beach, California and has since expanded its Medicare Advantage footprint across Arizona, Nevada, New Mexico, Texas, and Washington. The entity functions as a health insurer, not an investment organization — it collects federal premiums, manages medical-loss ratios and deploys capital primarily into provider networks and member-services infrastructure rather than third-party funds. Operations center on insurance underwriting and care coordination for Medicare-eligible seniors. Scan builds proprietary provider networks, negotiates capitated agreements with physician groups and hospitals, and administers pharmacy, dental, and supplemental benefits. Geographic coverage spans six Western states, with California as its largest concentration. The plan designs both HMO and PPO products, competing against national carriers and regional Blues plans in each CMS service area. Capital deployment is operational rather than investment-oriented. Any surpluses flow back into statutory reserves, network expansion, member-retention programs, or parent-level strategic initiatives. The organization does not manage a disclosed portfolio of outside funds, direct investments, or co-investment vehicles. It has not publicly reported a dedicated family-office or investment-committee structure. Structurally, Scan Health Plan is a risk-bearing health insurer subject to state Department of Managed Health Care and CMS oversight — not a discretionary capital allocator. Its governance, reserve requirements and surplus deployment follow insurance code, distinguishing it from the investment-focused entities that allocators typically evaluate. This regulatory architecture, rather than a partnership or investment mandate, defines how capital moves.