Medicare Advantage plans are offered by private health insurance companies and provide all the benefits of traditional Medicare along with additional benefits. These plans cover hospitalization, outpatient services, and prescription drugs. In addition, many plans offer extra services such as dental, vision, and hearing coverage. As of 2020, more than 22 million Americans are enrolled in Medicare Advantage plans. In this article, we will discuss the benefits and coverage that the largest providers offer.
UnitedHealthcare Medicare Advantage Plans
UnitedHealthcare is the largest provider of Medicare Advantage plans in the United States, with more than 6.4 million members enrolled in its plans. The company offers a range of plans, including Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), and Private Fee-for-Service (PFFS) plans. UnitedHealthcare’s plans cover hospitalization, outpatient services, and prescription drugs. In addition, many plans offer extra benefits such as dental, vision, and hearing coverage. Some plans also include wellness programs and gym memberships.
Humana Medicare Advantage Plans
Humana is the second-largest provider of Medicare Advantage plans, with more than 4.5 million members enrolled in its plans. The company offers a range of plans, including HMO, PPO, and Private Fee-for-Service (PFFS) plans. Humana’s plans cover hospitalization, outpatient services, and prescription drugs. In addition, many plans offer extra benefits such as dental, vision, and hearing coverage. Some plans also include wellness programs and gym memberships.
Aetna Medicare Advantage Plans
Aetna is the third-largest provider of Medicare Advantage plans, with more than 3.8 million members enrolled in its plans. The company offers a range of plans, including HMO, PPO, and Private Fee-for-Service (PFFS) plans. Aetna’s plans cover hospitalization, outpatient services, and prescription drugs. In addition, many plans offer extra benefits such as dental, vision, and hearing coverage. Some plans also include wellness programs and gym memberships.
Kaiser Permanente Medicare Advantage Plans
Kaiser Permanente is a not-for-profit health insurance company that provides Medicare Advantage plans in certain areas of the country. The company has more than 12 million members in total, with approximately 1.6 million members enrolled in its Medicare Advantage plans. Kaiser Permanente is unique in that it provides both healthcare services and health insurance.
Cigna Medicare Advantage Plans
Cigna is a global health insurance company that provides Medicare Advantage plans in certain areas of the country. The company has more than 180 million customers worldwide, with approximately 500,000 members enrolled in its Medicare Advantage plans. Cigna’s plans cover hospitalization, outpatient services, and prescription drugs. They also offer extra benefits such as dental, vision, and hearing coverage. Some plans also include wellness programs and gym memberships.
Conclusion
Medicare Advantage plans offer a range of benefits and coverage that go beyond what traditional Medicare provides. These plans are offered by private health insurance companies and give members access to extra services such as dental, vision, and hearing coverage, as well as wellness programs and gym memberships. The largest providers of these plans, including UnitedHealthcare, Humana, Aetna, Kaiser Permanente, and Cigna, each offer unique features and benefits. If you are considering a Medicare Advantage plan, it is important to research each provider’s plans and networks to find the one that best meets your healthcare needs.
