Close  

Average Cost of Medicare Advantage Plans by State in 2023


Unlike Original Medicare (Medicare Part A and Medicare Part B), the price of Medicare Advantage plans varies depending on where you live. Thus, the average cost of Medicare Advantage is different in each state. Check the chart below for the average monthly premium and prescription drug deductible of Medicare Advantage plans in your state.

Find Medicare Plans in 3 Easy Steps

We can help find the right Medicare plans for you today

What is the Average Cost of Medicare Advantage Plans?

Private insurance companies offer Medicare Advantage plans to those eligible for Medicare. Plan availability depends on your county of residence and the carriers determine the costs for the plans. There are even some plans that partially or fully pay your Part B premium.

To enroll in a Medicare Advantage plan, you must first sign up for Original Medicare. Medicare Advantage plans are also known as Part C and are commonly called replacement plans because they stand in for Original Medicare.

With a Medicare Advantage plan, you will still be responsible for applicable premiums for Medicare Parts A and B. Thus, a Medicare Advantage plan with a zero-dollar premium does not mean your Medicare is free.

When enrolling in a Medicare Advantage plan, there are multiple considerations you must make. When it comes to price, you will want to take into account the monthly premium as well as the deductible you must reach for prescription drug coverage.

However, not all Medicare Advantage plans include prescription drug coverage. Though, if yours does, you must meet the deductible for the coverage to kick in. So, for an affordable plan, look beyond the price of the premium and see if the deductibles are also reasonable.

The average monthly premium for Medicare Advantage plans ranges from $4 to $89 across the 49 states where they are available. Prescription drug deductibles for Medicare Advantage plans range from $182 to $448.

As you can see, there is a fairly broad range for each. Additionally, Medicare Advantage plans are not available in Alaska.

Average Cost of Medicare Advantage Plans in Each State

State Monthly Premium Maximum Out-of-Pocket 
Alabama $17 $4,775
Alaska N/A N/A
Arizona $5 $4,083
Arkansas $12 $5,494
California $23 $3,001
Colorado $9 $5,213
Connecticut $21 $6,187
Delaware $12 $6,116
District of Columbia $28 $6,588
Florida $5 $3,380
Georgia $12 $6,258
Hawaii $61 $5,322
Idaho $21 $5,838
Illinois $19 $3,566
Indiana $16 $4,470
Iowa $29 $4,429
Kansas $4 $3,887
Kentucky $11 $5,369
Louisiana $18 $5,586
Maine $19 $6,006
Maryland $58 $7,140
Massachusetts $47 $5,784
Michigan $36 $4,534
Minnesota $89 $3,763
Mississippi $8 $5,903
Missouri $11 $3,468
Montana $37 $4,792
Nebraska $2 $4,692
Nevada $5 $2,623
New Hampshire $27 $6,680
New Jersey $12 $7,263
New Mexico $11 $5,544
New York $53 $6,839
North Carolina $11 $4,956
North Dakota $17 $4,678
Ohio $32 $4,826
Oklahoma $8 $4,977
Oregon $48 $5,357
Pennsylvania $50 $6,050
Rhode Island $39 $5,192
South Carolina $6 $6,323
South Dakota $3 $4,258
Tennessee $13 $5,404
Texas $8 $4,586
Utah $14 $5,904
Vermont $34 $6,663
Virginia $17 $6,185
Washington $33 $5,805
West Virginia $10 $6,774
Wisconsin $35 $4,279
Wyoming $39 $6,500

Find Medicare Plans in 3 Easy Steps

We can help find the right Medicare plans for you today

How to Find the Best Deal on a Medicare Advantage Plan Near You

Now that you are more familiar with the average cost of Medicare Advantage plans across the country, you have a better idea of what to expect when choosing one. We understand that Medicare can be complicated so we're here to help you make the right choice for your coverage.

You do not need a local agent to find the best Medicare Advantage plan for you! Our agents are licensed in every state and are ready to help you compare your local options. Just call the number above to get started now or complete our online rate form.

Enter ZIP Code

Enter ZIP Code

Enter your ZIP code to pull plan options available in your area.

Compare Plans

Compare Plans

Select which Medicare plans you would like to compare in your area.

Get Quote

Get Quote

Compare rates side by side with plans & carriers available in your area.

Jagger Esch

Jagger Esch is the Medicare expert for MedicareFAQ and the founder, president, and CEO of Elite Insurance Partners and MedicareFAQ.com. Since the inception of his first company in 2012, he has been dedicated to helping those eligible for Medicare by providing them with resources to educate themselves on all their Medicare options. He is featured in many publications as well as writes regularly for other expert columns regarding Medicare.

Comment

Your email address will not be published.