Best Colorado Medicare Advantage Plans

MoneyGeek used the five-star quality rating system of the Centers for Medicare & Medicaid Services (CMS) to determine the most widely available plans in Colorado with the highest rating. We also broke down the best plans based on type, whether you need drug coverage and whether you want to limit out-of-pocket costs.

However, since these are generalizations, it’s best to shop around to find a plan that’s the best fit for your individual needs.

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 Colorado.

In Colorado, the best Medicare Advantage Plan for you will depend on your individual needs. MoneyGeek’s research shows that the Aetna Medicare Prime 1 plan offered by Aetna Medicare is the best option for individuals looking for a PPO plan with drug coverage, six core benefits and a high star rating from the CMS.

While a PPO plan costs more, it also offers a range of benefits. With this plan, you’ll have access to a wider network of doctors and hospitals. You also won’t need a referral in case you want to see a specialist.

MoneyGeek analyzed the best HMO Medicare Advantage Plans in Colorado and found that if you’re looking for an HMO plan with drug coverage, six core benefits and a high star rating from the CMS, the Kaiser Permanente Senior Advantage Core plan offered by Kaiser Permanente is the best option. However, the best plan for you depends on your individual needs.

An HMO plan is the most affordable of all available plan types. However, it does not allow you to seek out-of-network treatment, except in an emergency. With this plan, you need a referral to see a specialist.

MoneyGeek’s research shows that there are many different plans available for individuals who don’t need a plan with Part D prescription drug coverage. We found that for a Medicare Advantage Plan with or without drug coverage, including six core benefits and a high star rating from the CMS, the Kaiser Permanente Senior Advantage Core plan offered by Kaiser Permanente would be the best option.

While there are many Medicare Advantage Plans with low or no premiums, you would have to pay a higher amount out of pocket if you choose such plans. MoneyGeek found that the Aetna Medicare Prime plan offered by Aetna Medicare is the best option for individuals looking for a Medicare Advantage Plan with or without a low in-network max out-of-pocket limit, including drug coverage, six core benefits and a high star rating from the CMS.

MoneyGeek’s analysis shows that there are nine healthcare organizations offering Medicare Advantage Plans in Colorado. We researched the following statistics on Medicare Advantage in Colorado to help you figure out the rare and common plan components.

MoneyGeek collected data from the Centers for Medicare & Medicaid Services 2022 MA Landscape Source Files released in October 2021. Plans in Colorado 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 Colorado based on county availability.