2020 Medicare Advantage Plans in Arkansas




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Arkansas
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Medicare in Arkansas, 2020

Medicare continues to offer seniors and people with disabilities with flexibility and choices while providing high quality healthcare services. The Centers for Medicare & Medicaid Services (CMS), under President Trump’s leadership, has taken several actions to improve the Medicare Advantage and Part D prescription drug programs that have resulted, overall, in an increase in plan choices and lower costs in these popular programs. Leveraging new authorities in the Bipartisan Budget Act of 2018, CMS has expanded opportunities for people with Medicare to choose Medicare Advantage plans that are providing new supplemental benefits tailored to their specific needs to help them maintain their health or to address their social determinants of health, if they are chronically ill.

CMS is empowering people with Medicare with price and quality information to make informed choices that best meet their healthcare needs. 634,835 beneficiaries in Arkansas are enrolled in Medicare.

In Arkansas in 2020:

The average monthly Medicare Advantage premium changed from $18.36 in 2019 to $16.19 in 2020.

66 Medicare Advantage plans are available.

100 percent of people with Medicare have access to a Medicare Advantage plan.

$0 is the lowest monthly premium for a Medicare Advantage plan.

100 percent of people with Medicare will have access to a Medicare Advantage plan with a $0 monthly premium.

27 stand-alone Medicare prescription drug plans are available. All Medicare beneficiaries have access to a Medicare prescription drug plan.

95 percent of people with a stand-alone Medicare prescription drug plan have access to a plan with a lower premium than what they paid in 2019.

35 percent of people with a stand-alone Medicare prescription drug plan get Extra Help (also called the low-income subsidy, or LIS).

$13.20 is the lowest monthly premium for a stand-alone Medicare prescription drug plan.



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