Alignment Healthcare Expands Medicare Advantage Plans to Four Charlotte-Area Counties for 2027
Alignment Healthcare, Inc. (NASDAQ:ALHC) announced that its Medicare Advantage plan is expanding into four Charlotte-area counties beginning Jan. 1, 2027. The expansion into Cabarrus, Gaston, Mecklenburg, and Rowan counties brings eight Medicare Advantage plan options to more than 295,000 additional Medicare beneficiaries in North Carolina.
The expansion increases the company's North Carolina coverage to 20 counties, which are home to more than 992,000 Medicare beneficiaries. Members in the new Charlotte-area service area will gain in-network access to healthcare networks such as Novant Health, Tryon Medical Partners, and Oak Street Health. Alignment Healthcare also earned a 4.5 out of 5 stars CMS rating for its North Carolina HMO contract for 2027.
Investors and Medicare beneficiaries should look ahead to Medicare's Annual Enrollment Period, which runs from Oct. 15 through Dec. 7, 2026, for coverage starting at the beginning of 2027. Following the announcement, Alignment Healthcare shares rose 7.22% to $8.09.
Key points
- Alignment Healthcare (NASDAQ:ALHC) is expanding its Medicare Advantage coverage into Cabarrus, Gaston, Mecklenburg, and Rowan counties in North Carolina on Jan. 1, 2027.
- The expansion adds access for more than 295,000 Medicare beneficiaries, bringing the company's total North Carolina footprint to 20 counties.
- New plan members will have in-network access to major regional care providers including Novant Health, Tryon Medical Partners, and Oak Street Health.
- Alignment Healthcare received a 4.5 out of 5 stars quality rating from CMS for its 2027 North Carolina HMO contract.
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Where is Alignment Healthcare expanding its Medicare Advantage plans for 2027?
Alignment Healthcare is expanding into four Charlotte-area counties in North Carolina: Cabarrus, Gaston, Mecklenburg, and Rowan counties, starting Jan. 1, 2027.
How many Medicare beneficiaries will gain access under Alignment Healthcare's expansion?
The expansion brings Alignment Healthcare's plans and provider networks to more than 295,000 additional Medicare beneficiaries in the Charlotte region.
When can Medicare beneficiaries enroll in Alignment Healthcare's 2027 plans?
Beneficiaries can enroll during Medicare's Annual Enrollment Period, which runs from Oct. 15 through Dec. 7, 2026, with coverage taking effect Jan. 1, 2027.