How to Find the Best Nevada Medicare Advantage Plans
The best Medicare Advantage Plan in Nevada for you is the one that has the benefits and coverages that you need. MoneyGeek researched the highest-rated plans in Nevada that provide broad benefits and are available across the state. We found that in Nevada, the best PPO plan is the Aetna Medicare Elite Plan and the best HMO plan is the SelectHealth Advantage plan.
MoneyGeek used the rankings based on the Centers for Medicare & Medicaid Services (CMS) five-star quality rating system. We also determined which plans are widely available in Nevada. We broke down the best plans by type and categories like whether you need drug coverage or limited out-of-pocket costs.
Since these recommendations are generalized, you should shop around to find the right plan for you. You should also check which hospitals and providers are within the network of the plan you purchase.
MoneyGeek also analyzed the best medicare supplement plans in Nevada for those focused on covering out-of-pocket expenses.
Best Medicare Advantage Plans in Nevada
Best Medicare Advantage Plan in Nevada - Overall
You need to analyze your healthcare needs to find the best Medicare Advantage Plan in Nevada. For instance, if you want a PPO plan with drug coverage, six core benefits and a high star rating from the CMS, MoneyGeek found that the Aetna Medicare Elite Plan from Aetna Medicare is the best option.
PPO stands for Preferred Provider Organization, and this plan provides multiple benefits. It has a wider network of hospitals, doctors and treatment centers. It offers better flexibility and doesn’t require referrals to see a specialist. However, the premiums on these plans can be high.
MoneyGeek found that Aetna Medicare’s Aetna Medicare Elite Plan could be the best choice for people looking for a PPO plan in Nevada. However, the right plan for you may differ depending on your needs.
The details of the plan include:
- Monthly premium of $0
- Drug coverage
- In-network max-out-of-pocket limit of $6,300
- Overall rating of 4.5 out of 5 from CMS
With Aetna Medicare Elite Plan, you will get all six common additional benefits, including vision, dental, hearing, fitness, worldwide emergency and telehealth. For travelers, the benefit of worldwide emergency coverage can be great. This plan also received a high rating from the CMS and offers Part D drug coverage.
Best HMO Medicare Advantage Plan in Nevada
The best HMO Medicare Advantage Plan for you will depend on your personal needs. MoneyGeek found that the best HMO plan in Nevada with drug coverage, six core benefits along with a high rating from the CMS is SelectHealth’s SelectHealth Advantage plan.
A Health Maintenance Organization (HMO) plan is the most common type of healthcare plan. It is cheaper than other plans. However, if you are using this plan, you need to visit the hospitals and treatment centers within your network, except in an emergency. You also need a referral to see a specialist with this plan.
Your specific healthcare needs will help you determine the best plan for you. However, for buyers looking for an HMO plan in Nevada, the SelectHealth Advantage plan can be the best option.
The details of the plan are as follows:
- Monthly premium of $0
- Provides drug coverage
- In-network max-out-of-pocket limit of $1,000
- 5 out of 5 rating from CMS
The SelectHealth Advantage Plan offers all six common additional benefits, including vision, dental, hearing, fitness, worldwide emergency and telehealth. Apart from these six benefits, it also offers transportation benefits, over-the-counter drugs, in-home support, home safety devices & modifications facilities benefits and Part D drug coverage. It even has an outstanding rating from the CMS.
Best Medicare Advantage Plan in Nevada Without Drug Coverage
People who do not need Part D prescription drug coverage can access more Medicare Advantage Plan options.
In Nevada, if you want a CMS’s highly-rated Medicare Advantage Plan with or without drug coverage, six-core benefits, MoneyGeek found that SelectHealth’s SelectHealth Advantage Plan is the best choice. This is also the best HMO plan.
Whether you need drug coverage or not, the SelectHealth Advantage Plan from SelectHealth is the best option for Nevada people as per MoneyGeek’s findings. However, the best option for you may vary based on your needs. This plan offers drug coverage in Nevada.
The details of the plan are:
- Monthly premium $0
- In-network max-out-of-pocket payment limit of $1,000
- Overall star rating of 5 out of 5 from the CMS
All the six common additional benefits, including vision, dental, hearing, fitness, worldwide emergency and telehealth, are provided by SelectHealth’s SelectHealth Advantage Plan. It has a high rating from the CMS as well.
Best Medicare Advantage Plan in Nevada for Low Max Out-of-Pocket Costs
Most of the Medicare Advantage Plans in Nevada have low or no premiums. This means that policyholders have to pay more from their pockets if they have high medical bills. To avoid paying huge medical bills out of your pocket, you should find a plan which has a low in-network max-out-of-pocket limit.
As per our research, the best plan with a low in-network max-out-of-pocket limit in Nevada is Aetna Medicare Select Plan. It is provided by Aetna Medicare. This plan provides six core benefits plus drug coverage. Additionally, it received a high rating from CMS.
Amongst all the low in-network max-out-of-pocket limit plans in Nevada, Aetna Medicare Select Plan could be the best for people looking for a plan with or without drug coverage.
Here are the details of the plan: Monthly premium of $39 In-network max-out-of-pocket limit is $5,900. Overall star rating from the CMS is 4.5 out of 5
Buying a plan with a low in-network max-out-of-pocket limit can save you from paying exponential medical bills. With the Aetna Medicare Select Plan, after you reach MOOP $5,900, you don’t have to pay any more for in-network coverage. However, for a PPO plan, you will have a different MOOP for out-of-network coverage. The Aetna Medicare Select Plan offers an out-of-network maximum of $10,000.
Medicare Advantage Plan in Nevada - Statistics
In Nevada, 13 healthcare organizations offer Medicare Advantage Plans. The following statistics on Medicare Advantage in Nevada can help you understand which are the commonly available benefits versus the rare ones.
In Nevada, you will find a great mix of HMO, PPO and MSA Medicare Advantage Plans with 73% of the plans offering drug coverage.
In Nevada, Health Maintenance Organization plans make up 44.50% of the total plans, while Preferred Provider Organization plans are around 38.50%. 17% of plans in the state are Medical Savings Account plans. Out of all these plans, 73% offer coverage for drugs.
78% of Medicare Advantage Plans in Nevada have a $0 premium
In Nevada, 78% of the plans offer $0 premiums. The remaining 22% of plans charge an average monthly premium of around $47.70.
Hearing, vision and dental are the most common benefits offered by most of the plans in Nevada
While hearing benefits are offered by all the Medicare Advantage Plans in Nevada, vision and dental benefits are the second most common benefits offered by the various plans. The rarest benefits offered include emergency response devices, home safety devices & modification benefits and in-home support.
MoneyGeek collected data from the Centers for Medicare & Medicaid Services 2022 MA Landscape Source Files released in October 2021. Plans in Nevada 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 Nevada based on county availability.
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