Medicare Advantage plans are offered by private insurance companies and are a popular form of health insurance coverage for U.S. adults age 65 and older who choose to forgo Original Medicare.
However, finding the best Medicare Advantage plan can be complicated—the average Medicare beneficiary had a choice of 43 Medicare Advantage plans in 2024[1].
Private insurance companies often offer limited information on company websites before a person is required to enter their personal information to receive more plan details, leaving potential customers with the job of comparing dozens of plans.
To help make the process easier, Forbes Health evaluated the most notable Medicare Advantage insurance providers to determine the best from the rest. The Forbes Health editorial team evaluated U.S. insurance companies that offer plans on how many states they provide coverage in, the types of benefits they offer, how the government’s Centers for Medicare and Medicaid Services (CMS) ranked their plans, how agencies like A.M. Best ranked them in terms of their financial health, how agencies like J.D. Power ranked them in terms of consumer feedback by region and more. Read on to see which providers made the list.
Source: Best Medicare Advantage Plans And Providers Of 2024 / Forbes Health