Chariot Health and Senior Resource Group (SRG) today announced a partnership to bring innovative Medicare health insurance products to seniors through a minority-owned Community Development Entity (CDE). The goal of the new alliance is to provide Medicare insurance products to all seniors while giving back 20 percent of the net profits to the Philadelphia Foundation to make investments in local non-profit organizations that serve low-wealth seniors and children.
More than 2.8 million Americans are expected to turn 65 this year making them eligible for Medicare and Medicaid services. The number of Medicare participants is expected to reach 80 million by 2030. The new alliance between Chariot Health and SRG, a field marketing organization (FMO), was created to serve this growing population of aging Americans with supplemental Medicare insurance.