How to Find the Best Medicare Plan in Louisiana That Meets Your Healthcare & Prescription Drug Plan Needs
Medicare is not one-size-fits-all. A Medicare enrollee in one city may have entirely different hospital and pharmacy preferences than someone in another. Medicare also supports different types of beneficiaries in Louisiana. For example, 83.1% (746,883) of Louisiana Medicare beneficiaries are age 65 and older; whereas 16.9% (151,619) are under the age of 65 and on disability. Just as your personal healthcare needs may change from year to year, Medicare plans in Louisiana are always changing.
Medicare Advantage Plans in Louisiana
In the Louisiana Medicare coverage area, there are 14 different Medicare Advantage carriers, many of which provide multiple plans including a prescription drug component. Depending on your budget, Medicare eligibility, healthcare needs, and your preferred doctors, pharmacies and other coverage preferences, available plan types in Louisiana may include: HMO, PPO, PFFS (Private fee-for-service), and SNP (Special Needs Plans).
Average Cost of Medicare Advantage Plans in Louisiana
Medicare enrollees in Louisiana have the flexibility to choose from a broad selection of Medicare options. Of Louisiana’s Medicare enrollees, 49.6% (445,632) have Original Medicare (Part A and Part B). 50.4% (452,870) of Louisiana’s Medicare population are opting to enroll in the increasingly popular Medicare Advantage plans provided by Medicare-approved private companies and insurance carriers.
- Louisiana’s Average Monthly Premium: $49.40
- Louisiana’s Average Annual Drug Deductible: $297.15
- Louisiana’s Average In-Network Out-of-Pocket Spending Limit: $5,993.84
- Louisiana’s Average Star Rating for Local Available Plans: 4.4 (Out of 5)
*Metrics reported only on MA plans that have a monthly premium, deductibles, and star rating metrics that are available and as reported by the CMS. Monthly Premium is a Consolidated Premium which includes Part C and D. Drug Deductible metric includes both Enhanced and Basic. Enhanced plans charge higher monthly premiums than basic plans but typically offer a wider range of benefits.
Eliminate the Guesswork: Review Medicare Plans Available in Louisiana with a Licensed Insurance Agent
In Louisiana the availability and costs of Medicare plan options vary from one insurance company to another. TrustMedicare.com partners with experienced licensed insurance agents, brokers, and insurance companies to help you to easily compare a range of Medicare Advantage, Medicare Supplement and Prescription Drug Plans that are right for your healthcare needs, budget, and eligibility.