Cigna had an excellent average member experience score from Medicare, with a rating of 3.39 out of 5, wh☂ich was above our study’s average of 3.27. However, it has below-average Medicare star ratings in certain categories like managing chronic conditions, screenings, tests, and vaccines, compared to other companies in our study. This led to a below-average overall star rating despite the high member experieꦚnce score. 

Cigna stands out for its low costs. It has the second-lowest average premiums and drug deductibles among the insurers Investopedia reviewed, with 98% o🅘f its plans offering a $0 drug deductible. Its average out-of-pocket maximum is $5,471, better than most competitors. Cigna was our pick as the best overall option for Medicare Advantage plans, thanks to this combination of low costs and excellent member experience.

Cigna was founded in 1982 and has its headಌquarters in Bloomfield, Connectic꧙ut. It offers Medicare Advantage plans in 30 states.

Alignment Health stands out for its low costs and strong 澳洲幸运5官方开奖结果体彩网:Medicare star ratings for plan quality and performance❀. Its average Medicare Advantage premium is just $9.57 per month, the fourth cheapest in Investopedia’s study, and it boasts the lowest average out-of-pocket maximum at $3,524. That caps how much you’ll end up paying in a year when you need lots of health care by several thousand compared to other insurers in 🔯our review.

Alignment Health also shines in its Medicare star ratings. It did especially well for managing chronic conditions, averaging 4.5 out of 5, the best out of the insurers wᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚe reviewed. Howeve🔴r, its customer service score was among the lowest among the 11 insurers reviewed. Worse service could be a tradeoff for the lower costs..

Alignment Health’s Medicare Advantage plan🃏s are available in Arizona, California, Nevada, North Carolina, and Texas. Alignment Health was founded in 2013 and is based in Orange, California.

Aetna sells Medicare Advantage plans throughout the continental U.S., covering more areas than most insurers in Investopedia’s study. Aetna provides budget-friendly coverage with lower premiums than other widely available insurers. However, it has a high drug 澳洲幸运5官方开奖结果体彩网:deductible and an average out-of-pocket max of $6,054, slightly above average for the companies we reviewed. While you save upfront on the premiums, you could ♓end up paying more total if you need significant care duri꧅ng the year.

Aetna’s average overall Medicare star rating is 3.86, slightly better than the average for t⛎he companies💧 in our review. However, Aetna scored poorly in a few important categories, including screenings, tests, and vaccines, as well as member complaints.

Founded in 1853, Aetna has its headquarterꦏs in Hartford, Connecticut.

Kaiser Permanente has the highest a🅘verage overall Medicare star ratings (4.29) and NCQA scores (4.56) in Investopedia’s study. Kaiser Permanente did notab🐬ly well with its Medicare scores for screenings, managing chronic conditions, and customer service.

Kaiser Permanente also stood out for excellent drug coverage, offering the lowest average Part D deductible ($3.92). In fact, most of its standard plans come with $0 drug deductibles. However, Kaiser Permanente charges high premiums and only sells Medicare Advantage plans in Cali🤡fornia, Colorado, Georgia, Hawaii, Maryland, Oregon, Virginia, Washington, and Washington, D.𝓡C.

Kaiser Permanente is based in Oakland, California, and was founded in 1🐬🅘945.

Special needs plans are 澳洲幸运5官方开奖结果体彩网:growing quickly in popularity, covering more than a quarter of Medicare Advantage enrollees. However, ꦺnot every insurer serves this market. That’s why Humana stands out for offering all three types🧸 of special needs plans at competitive prices. It charges an average premium of $22.22 for special needs plans with Part D coverage, cheaper than most insurers offering all three plan types.

Humana is less competitive for standard Medicare Advantage plans. Its standard Mওedicare Advantage plans only receive average star ratings for꧟ quality, charge higher premiums, and have above-average out-of-pocket maximums compared to other top insurers in our review. Humana was founded in 1961 and is based in Louisville, Kentucky. Humana sells plans in 48 states and Washington, D.C., but not New York.