How to Find the Best Kentucky Medicare Advantage Plans

Finding the best Medicare Advantage Plan in Kentucky means identifying your specific coverage needs within a budget that works for you. MoneyGeek summarizes the top-rated and widely available plans in Kentucky with a broad selection of benefits. Our findings show that in Kentucky, Aetna Medicare Value Plan and AARP Medicare Advantage Plan 1 are the best PPO and HMO plans, respectively.

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Last Updated: 9/23/2022
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The Centers for Medicare & Medicaid Services (CMS) has a five-star quality rating system that helps consumers compare plans more easily. Along with our own evaluation, MoneyGeek also used this rating system to find the best plans. Below shows the best Medicare Advantage Plans in Kentucky whether you need a specific plan type, drug coverage or to limit out-of-pocket costs.

Note these are general recommendations and the best one for you may be different from other shoppers. Consider checking with your preferred providers to see whether they are in the network of the plan you want to purchase.

If you're not looking for a Medicare Advantage plan but want to cover out-of-pocket costs that your base Medicare plan doesn't cover, MoneyGeek also ranked the best Medicare Supplement Plans in Kentucky.

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Best Medicare Advantage Plans in Kentucky

Best Medicare Advantage Plan in Kentucky - Overall

Considering your needs and preferences is one way to determine the best Medicare Advantage plan for you in Kentucky.

For example, a shopper in Kentucky wants a PPO plan with drug coverage, eight core benefits and a high rating from the Centers for Medicare & Medicaid Services (CMS). Aetna Medicare Value Plan is the best choice for this shopper.

A Preferred Provider Organization (PPO) plan is more expensive than other plan types but it has a wider network range making it more flexible. Under this plan, you are not restricted to a specific number of providers. If you need to consult a physician outside of your network for a specific medical condition, the plan allows you to do so with an additional copay.

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MoneyGeek Top Pick
Aetna Medicare

Overall, MoneyGeek found that Aetna Medicare Value is the best PPO Medicare Advantage plan in Kentucky. Here’s what to expect when you buy this plan:

  • No Monthly Premiums
  • Includes drug coverage
  • An in-network max out-of-pocket limit of $5,500
  • An overall star rating of 4.5 out of 5 from CMS

This plan covers all six most common additional benefits including vision, dental, hearing, fFitness, worldwide emergency, and telehealth. The plan also covers transportation and over-the-counter drugs. It received a high CMS rating.

Best HMO Medicare Advantage Plan in Kentucky

Your individual needs and preferences are important considerations when finding the best HMO Medicare Advantage Plan in Kentucky.

If you are looking for an HMO plan with drug coverage, eight core benefits and a high rating from the CMS, the best choice is the AARP Medicare Advantage Plan 1.

A Health Maintenance Organization (HMO) Plan is typically cheaper but has a more restrictive network than a PPO. That means you are only allowed to consult with your designated primary care physician and must schedule a referral before visiting a specialist.

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MoneyGeek Top Pick
AARP

MoneyGeek’s findings show that AARP Medicare Advantage Plan 1 is the best HMO Medicare Advantage plan in Kentucky. Here’s what you can expect from this plan:

  • No Monthly Premiums
  • Includes drug coverage
  • An in-network max out-of-pocket limit of $4,900
  • An overall 5 star rating from CMS

The plan has all six of the most common benefits including vision, dental, hearing, fitness, worldwide emergency and telehealth, and the added benefit of over-the-counter drugs. It also received the highest rating from the CMS.

Best Medicare Advantage Plan in Kentucky Without Drug Coverage

If you don’t need a Part D prescription drug coverage or are getting the same creditable coverage from elsewhere, there might be more options for you in the state. However, not selecting this coverage the first time it was offered in enrollment might result in surcharges or penalties when you decide you need them.

Whether you need drug coverage or not, UnitedHealthcare’s AARP Medicare Advantage Plan 1 is still the best option in Kentucky. It has seven essential benefits and a high rating from the CMS.

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MoneyGeek Top Pick
AARP

UnitedHealthcare’s AARP Medicare Advantage Plan 1 is the best Medicare Advantage Plan in Kentucky for shoppers whether they are looking for drug coverage or not. Details about this plan include:

  • No Monthly Premiums
  • An in-network maximum out-of-pocket (MOOP) limit of $4,900
  • A perfect 5 overall star rating from CMS

In addition to the MOOP limit and highest star rating, UnitedHealthcare’s AARP Medicare Advantage Plan 1 also offers benefits including vision, dental, hearing, fitness, worldwide emergency and telehealth.

Best Medicare Advantage Plan in Kentucky for Low Max Out-of-Pocket Costs

Getting a Medicare Advantage Plan with low or no premiums often results in paying thousands of dollars out-of-pocket.

Finding a plan that has a low in-network max out-of-pocket limit means you can avoid spending too much. Opting for a low maximum out-of-pocket limit means you need to only spend less of your money. After you reach the limit isaid amount, the plan immediately kicks in.

For shoppers looking for a Medicare Advantage plan with a low in-network max out-of-pocket limit, with or without drug coverage, eight core benefits, and a high rating from CMS, the best Medicare Advantage plan in Kentucky for you is Aetna Medicare Value Plan.

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MoneyGeek Top Pick
Aetna Medicare

By filtering out plans with high max out-of-pocket costs, MoneyGeek found the best Medicare Advantage Plan in Kentucky with low out-of-pocket costs. Here’s what you need to know about Aetna Medicare’s Value Plan:

  • No monthly premiums
  • Includes drug coverage with no annual drug deductible
  • An in-network max out-of-pocket limit of $5,500
  • A total out-of-pocket limit of $11,300
  • An overall star rating of 4.5 out of 5 from CMS

Receiving the highest rating from CMS, this plan has a Part D prescription drug coverage and a total of eight essential benefits like vision, dental, hearing, transportation, fitness benefits, worldwide emergency, telehealth and over-the-counter drugs. Since this is a PPO plan, it has a total out-of-pocket limit of $11,300.

Medicare Advantage Plan in Kentucky - Statistics

Finding the best Medicare Advantage plan in Kentucky from seven health care organizations means shopping around and comparing plans. The information below compares the number of plans and features that are generally available in the state.

1

Kentucky Medicare Advantage Plans are a mix of HMO and PPO plans with 70.4% offering drug coverage

In Kentucky, there are more Preferred Provider Organization (PPO) plans than Health Maintenance Organization (HMO) plans. A total of 61.7% of the plans in the market are PPOs, while 29.7% are HMOs. If you’re looking for a plan without drug coverage, your options are limited to HMO plans.

2

58% of Medicare Advantage Plans in Kentucky have a $0 premium

With over 34 unique plans with a $0 premium in Kentucky, there’s bound to be one that matches your preferences and coverage needs. That’s around 58% of all Medicare Advantage Plans available in the market. On the other hand, about 42% of plans require a monthly premium of $45.10 on average.

3

Hearing, vision and dental benefits are common in Kentucky, with most plans offering them

The most common benefit which you will find in all plans in the state is hearing. Vision, dental, fitness benefit, worldwide emergency and telehealth benefits are equally common. Home safety devices & modifications, in-home support and emergency response devices are the most uncommon.

Methodology

MoneyGeek collected data from the Centers for Medicare & Medicaid Services 2022 MA Landscape Source Files released in October 2021. Plans in Kentucky were filtered down to those that offer drug coverage (unless otherwise noted), offer six of the most common Medicare Advantage coverage benefits and are available to at least 50% of the population of Kentucky based on county availability.

About the Author


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Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.