According to regulatory documents Alignment filed with the Securities and Exchange Commission Jan. 8, the company grew its Medicare Advantage membership 44% year over year.
Alignment expects to end 2024 with 162,00 to 164,000 members. The figure is 38% higher than previous estimates the company provided in November, according to the regulatory filing.
Orange, Calif.-based Alignment Healthcare was founded in 2013. The company offers Medicare Advantage plans in six states.