Best Medicare Advantage Plans in New Mexico (2027)

Humana is the best Medicare Advantage provider in New Mexico for 2027, with a 4-star median CMS rating and $4,936 in maximum annual cost exposure. UnitedHealthcare has the broadest availability, with 22 plans across all 33 counties and the same 4-star quality rating but a higher median cost exposure of $6,496.

HealthSpring has the lowest median cost exposure among the top insurers at $4,300, though it offers just one plan across five counties and has a 2.5-star CMS quality rating. Devoted Health serves 13 counties with six plans and $6,000 in median cost exposure, but its New Mexico plans have not yet received CMS quality ratings.

* Devoted Health's Medicare Advantage plans are new to New Mexico and do not yet have CMS star ratings. For scoring purposes, we used an imputed 4-star rating based on the carrier's national average. Blue Cross and Blue Shield also has Medicare Advantage plans in New Mexico but did not score high enough to make our Best Of list.

Most New Mexico Medicare Advantage plans have $0 premiums, but potential out-of-pocket costs vary widely. For 2027, 85% of plans charge no additional premium, while MOOP limits range from $3,800 to $9,850, a $6,050 difference in annual cost exposure. You can choose from 39 non-SNP plan options from five carriers, though carrier and plan availability vary by county.

The best Medicare Advantage plan for you depends on your health care needs, prescription costs, preferred providers and budget.

Median Medicare Advantage rates in New Mexico are $0 per month across all plan types, but cost sharing varies widely. HMOs have the lowest median out-of-pocket maximum (MOOP) at $4,750 and the lowest specialist copay at $30, while HMO-POS have a median MOOP limit of $6,700 and PPO plans have a median MOOP limit of $5,900. HMO-POS plans have the highest median specialist copays at $50 per visit, and HMO-POS and PPO plans tie with the highest median inpatient copays of $550.

New Mexico seniors can get free help comparing Medicare Advantage plans, understanding benefits and navigating enrollment through state and federal resources.

• Medicare.gov Plan Finder: Compare Medicare Advantage plans available in your ZIP code, including premiums, drug coverage, benefits and star ratings.
• New Mexico State Health Insurance Assistance Program (SHIP): Get free, unbiased Medicare counseling and help comparing plans, understanding coverage and making enrollment decisions.
• New Mexico Aging and Long-Term Services Department: Find Medicare education, benefits assistance and referrals to aging and disability services throughout New Mexico.
• Social Security Administration: Enroll in Medicare and get help with Medicare eligibility and premium-related issues online, by phone or through a local office.

MoneyGeek evaluated New Mexico Medicare Advantage companies using five CMS data sources for the 2027 plan year, including the Medicare Plan Landscape File, Plan Benefit Package files, CMS Star Ratings, the CAHPS Report Card Master Table and the Contract/Plan Enrollment file.

How We Score Carriers

Each carrier in the state receives an overall MoneyGeek score out of five from a weighted average of three category scores:

• Affordability (40%): Maximum annual cost exposure, calculated as annual premiums plus the maximum out-of-pocket limit, along with inpatient hospital, specialist and primary care costs.
• Quality and Member Experience (40%): CMS Star Ratings make up 60% of this category and CAHPS C26 member ratings make up 40%. Both are measured at the contract level.
• Benefits and Access (20%): Supplemental benefits, including dental, OTC, vision and hearing, make up 50% of this category. County coverage makes up 30% and plan choice per county makes up 20%.