Humana Vs Cigna Medicare Plans What Would I Choose In 2024?

When you sign up for Medicare you have two major questions to answer.
1. What plan am I going to get?
2. Which insurance company am I going to choose?
In today's video with Chief Educator, Marvin Musick, we will be looking at Humana and Cigna and the types of Medicare coverage they offer.

00:00 - 00:20 Introduction
00:20 - 1:57 Two Types of Medicare Coverage
1:57 - 4:44 Key Differences Between Supps and Advantage Plans
4:44 - 10:28 Top Supplemental Plans (G and N)
10:28 - 13:05 Supplement Plan Pricing with Humana and Cigna
13:05 - 19:47 Comparing Coverage with Humana and Cigna (Medicare Advantage)
19:47 - 22:37 Medicare Advantage Plan Details (Humana)
22:37 - 26:13 Medicare Advantage Plan Details (Cigna)

[brucecyganoski]

Marvin, Thank you for the information you share, I have supplemental Plan G With Humana and I am happy with the plan I have

[michaelghamel]

Thanks for the good review — valuable information. Please consider a similar comparison of Aetna PPO vs United Healthcare PPO. Thank you.

[rebeccaskawinski]

I have Humana for my supplement and they just raised it to $314 a month starting in July that’s outrageous I live in New Jersey

[masterlee]

Gosh here I am 65 still working, not drawing social security yet, not on Medicare yet and have BCBS Insurance with my company which is basically an Advantage Plan in my opinion. Never used it much, but being younger and healthy never really needed it. But if we make it to the so called "Golden" Years many of us will need better insurance in my opinion. These Advantage plans offer all these perks but that doesn't help me if I have a $100, 000 bill so it is the Supplement plan for me. Great Video!

[debrahartberger]

You didn't mention that you have to purchase a part d plan for in addition to the a and b. Also if Medicare will not pay for a particular medical care the supplement doesn't recognize it and will also not pay, which includes hearing aids, dental and vision

[DebbieHatfield-wv]

I think it’s really sad Humana took away the grocery allowance and the help with glasses and hearing aids. I looked up what the CEOS make and it’s millions! We’re calling around for something better

[realchris]

Thank you, Marvin Musick! I really like these Insurance Company comparisons for Plan B and plan and. They’re very helpful and, as always, I appreciate your great insight and experience.

[mojo]

I contacted Medicare School to change my supplemental plan and was told my plan is Guaranteed Issue and Medicare School doesn't handle those kind of policy changes. I'm one of the fortunate who lives in a state that acknowledges birthday month where I can change my N supplemental plan (N plan or any lesser plan) to any insurance company with NO medical underwriting. To change to G plan, I would have to undergo medical underwriting so that's out.

I really prefer to go with Medicare School to assist with the supplemental change in August but they were so kind and gave me the new rates and phone numbers to four insurance companies. On 3/1/24, United Healthcare was the only company that would take me for supplemental (medical problem now resolved🎉) for a whopping $420/month. The new birthday rate with Humana is $114.93 per Medicare School. I will probably go with another company to assist with the change for working knowledge support. Thank you Medicare School for being so supportive and great information!

[gailblack]

Senior Contributor. The Cigna Group is selling its Medicare health benefits businesses and a medical care provider services operation for $3.3 billion to Health Care Service Corp., Jan 1, 2024

HCSC will acquire Cigna's Medicare Advantage, Part D, supplemental benefits and CareAllies businesses, and the parties expect the deal to close in the first quarter of 2025.

[klsdad]

Nice job in presenting the data.
(It would be very helpful if the system would lightly highlight the section you're talking about as you discuss it.
I spent most of the time trying to locate where you were and missed the rapid-fire details.)

My retirement company transferred me from my Cigna Medicare/supplemental plan to a Humana Medical Advantage PPO
plan. Thankfully I only have two doctors outside the plan but it is very tedious and involved to get the required hard data
from the doctors and then MAIL it in!! I'm in New York City and think I will go back to Medicare/supplemental plan.. with
either Cigna or Humana.

[jeffrybassett]

No contest here in upstate NY. All the doctors in our area work for Albany Med, who owns the local hospital, and they will no longer accept United Healthcare, Wellcare or Humana.

[curtw]

My sister was on United Healthcare cobra before she retired, then picked United Healthcare as her Medicare supplement. Big mistake, her medical billings are hopelessly screwed up. Had surgery just before going on Medicare so related medical events cross over, a big paperwork mess.

[gailblack]

Senior Contributor. The Cigna Group is selling its Medicare health benefits businesses and a medical care provider services operation for $3.3 billion to Health Care Service Corp., Jan 1, 2024

[jimm]

Are you concerned about the stability of rates with these companies? And with Cigna having sold their Medicare to HCSC, wouldn't you think that would affect pricing volatility? Thank you for your work! Perhaps a video on the Cigna/HCSC transaction would be helpful!?

[wrdr]

On the Humana web site all their supplement plans are labeled as Humana Medicare Supplement Plan. Is that still a normal plan G, or is that something different?

[btaos]

Im in New Mexico. I got a letter stating my Humana advantage plan is no longer going to be offered.

[unclebilly]

Marvin, I have been working with one of your agents on selecting a Medicare supplement plan. They said Human and Cigna are not as stable as Aetna. In this video your saying that Human and Cigna are stable. Can you please clarify?

[marlysthoreen]

I visited my doctor yesterday about an upcoming surgery, and said we were going on Medicare next year (US Postal Service program of paying penalties incurred by not signing up for Medicare at age 65). We are presently on Blue Cross through the Postal Service and will keep them as our supplemental insurance). My surgeon, after hearing this news said, with some panic in her voice, "You're not going on Humana, are you?" When I assured her I was not, she gave a huge sigh of relief.

[svetlanamelik-israyelyan]

how much to pay for sypllimental plan N or G? for year?

[ggjr]

Where we live two of the major hospital/clinic systems won’t accept Humana and Cigna isn’t in our market at all. Of course Cigna doesn’t matter since they’re leaving the Medicare business anyway.