Humana’s 2024 Medicare Advantage Plans: What to Expect

As we approach the year 2024, many individuals will become eligible for Medicare Advantage plans through Humana Health Insurance. There is always a degree of uncertainty when it comes to healthcare coverage, but having a plan in place is essential. Understanding the benefits and limitations of Humana’s Medicare Advantage program is crucial for making informed decisions both about your health and your finances

What is Humana Medicare Advantage?

Humana Medicare Advantage is a healthcare insurance plan that provides Medicare benefits through a private insurance company. The program offers a range of health services beyond basic Medicare benefits, including prescription drug coverage, routine vision and hearing care, and even fitness programs. Many individuals prefer Humana Medicare Advantage over traditional Medicare because it often offers additional benefits at a lower cost. However, it is important to remember that each plan has its own benefits, limitations, networks, and rules around how services are provided.

Changes to Humana Medicare Advantage Plans for 2024

Humana is always evolving their coverage options to best serve their members. For 2024, the healthcare provider has made changes to their HMO, PPO, and PFFS plans. One of the most significant changes is the availability of the new Humana Honor Plan, which is exclusively designed for veterans. This plan offers medical and mental health coverage, and includes pharmacy benefits through the TRICARE network. Additionally, Humana is expanding their chronic care management, telehealth, and care coordination services to better support the needs of their members.

Costs Associated with Humana Medicare Advantage

One of the primary reasons individuals choose Humana Medicare Advantage is the cost savings. Monthly premiums are often lower than traditional Medicare, and many plans include prescription drug coverage and preventative services at no additional cost. However, some plans do have additional costs such as coinsurance, copayments, and deductibles. It is essential to understand the specific cost structure of each plan before enrolling. To compare and enroll in different coverage options you can visit or call Humana directly.

Benefits of Enrolling in Humana Medicare Advantage Early

Enrolling in Humana Medicare Advantage early provides several economic benefits. First, the cost to enroll may be lower the earlier you sign up. Additionally, by enrolling as soon as possible, you will not have to pay the late enrollment premium penalty, which is a set percentage fee based on the amount of time you have been without Medicare coverage. Early enrollment also gives individuals a chance to take advantage of the various physical and mental health services offered under the plan.

How to enroll

Enrolling in Humana Medicare Advantage can be done during the Annual Enrollment Period, which runs from October 15 to December 7 every year. During this period, individuals can make changes to their current Medicare Advantage plan or enroll for the first time. There are also special enrollment periods for those with a qualifying life event, such as moving to a new state or losing current healthcare coverage. Enrollment can be completed through Humana’s website, over the phone, or by meeting with an agent in person to review and select the best plan for your needs.


In short, Humana Medicare Advantage provides valuable healthcare coverage beyond traditional Medicare, but it’s important to understand the benefits, limitations, and costs of each plan prior to enrolling. With their upcoming 2024 plans, Humana continues to evolve and expand its coverage services. Early enrollment provides several advantages for Medicare eligible individuals and enrolling can be done during the Annual Enrollment Period or through a special enrollment period. By understanding Humana’s offerings and comparing the many plan options available, you can make informed decisions regarding your healthcare and financial well-being.

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