There are over 1.4 million people enrolled in Medicare in Tennessee, and almost half have coverage through a Medicare Advantage plan vs Original Medicare. With 123 policies available in the state, beneficiaries have a lot of choices. More choices can be overwhelming, which is why a lot of people want to narrow their search down to the best Medicare Advantage plans in Tennessee.

In this article, we’ll help you understand how to find the best Medicare Advantage plan for your specific situation. We’ll also share some info on the top-rated plans in Tennessee and go over what to look for when choosing your health insurance. 

Key takeaways:

  • The best Medicare Advantage plan in Tennessee for you depends on your unique healthcare and financial circumstances. 

  • Insurance providers that carry highly-rated Medicare Advantage plans in Tennessee include NHC Advantage, BlueCross BlueShield of Tennessee, and Humana. 

Medicare Advantage plans in Tennessee

Like with all Medicare Advantage plans, the premiums, networks, and benefits of Tennessee’s plans will vary. Below are some quick facts that will help you understand your options:

  • There are 123 Medicare Advantage plans available in Tennessee in 2024

  • There are 16 insurance providers that carry Medicare Advantage plans in Tennessee 

  • The average premium for Medicare Advantage plans in Tennessee is $18.29 in 2024

Keep in mind that plan availability varies by county, so you won’t be able to enroll in any of the 123 plans available.

What’s covered by a Medicare Advantage plan

Medicare Advantage plans cover the same services and equipment as Original Medicare, but with some restrictions and varying out-of-pocket cost structures. While Medicare Advantage plans have drawbacks, they also provide additional benefits that are attractive to beneficiaries. Some of these added benefits include:

Understanding how Medicare Advantage plans compare to Original Medicare and what differences you may see between Medicare Advantage plans is important. Once you understand your options, you can choose the best Tennessee Medicare Advantage plan to fit your healthcare needs, budget, and lifestyle. 

Top Medicare Advantage plans in Tennessee

While your best plan will depend on your specific needs, Medicare does assess Medicare Advantage plans each year and provide star ratings. Medicare awards high-quality plans with 5 stars and low-quality plans with 1 star. Take a look at insurance providers that carry top Medicare Advantage plans in Tennessee below.

Carriers offering 5-star plans:

  • NHC Advantage

Carriers offering 4.5-star plans: 

  • BlueCross BlueShield of Tennessee 

  • Humana

Other providers that offer Medicare Advantage plans in Tennessee include:

  • Aetna Medicare

  • BlueCare Plus Tennessee

  • UnitedHealthcare

  • AMERIGROUP Community Care

  • Cigna Healthcare

  • Signature Advantage (HMO SNP)

  • WellCare

Keep in mind that the highest rated plans may not be the best ones for you. When comparing plans to find the best fit, your Medicare Advantage agent should look at plans from all of these carriers. This will help you find the plan that will save you the most money and get you the best benefits. 

Finding and enrolling in the best Medicare Advantage plan in Tennessee

With 123 plans to choose from, it’s understandable that you may feel overwhelmed about finding the best Medicare Advantage plan in Tennessee. Start your search by evaluating a few key factors in your life.

Take note of healthcare needs

First, think about any medical conditions you have, the medications you need to manage conditions, and how often you go to the doctor. While you can’t predict any new healthcare needs, you can get the best coverage for your existing needs. 

Consider your costs

It’s important to understand that monthly Medicare premiums are only one cost associated with healthcare costs. You’ll also be responsible for meeting a deductible before your insurance starts covering its share. Once you’ve met your deductible, you’ll also be responsible for coinsurance and copayments. Make sure you understand your Medicare Advantage plan’s details because deductibles and coinsurance structures vary between plans. Many people end up surprised by how much they owe out of pocket for their healthcare because they didn’t pay close enough attention.

Maximize the value of added benefits

The biggest upside to Medicare Advantage is the added benefits these plans offer. Think about which benefits are most important to you. If you need transportation assistance to get to the  doctor or would make use of a free fitness plan, jot these priorities down and remember to bring them up with your Medicare advisor. Just remember, that these extra perks are just gravy. You should make sure your doctors and prescriptions are covered first!

Talking to a dedicated Chapter Medicare Advisor can make the process of finding the best Medicare Advantage plan a breeze. Compare plans, get free, personalized advice, and feel confident about enrolling and using your Medicare plan. Call 855-900-2427 or find a time to chat today.

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