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Alex Enabnit


S&P Ranking BBB


RX Plans Nationwide

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S&P Ranking A-


RX Plans Nationwide

You have a lot of options when it comes to choosing a Medicare plan. Although a range of choices can help ensure you find a plan that works for your needs, it can also make choosing a plan challenging. Our comparison of  plans from two popular companies, Aetna and Cigna, can help you weigh various benefits. We’ll start with a 30,000 foot view of what both companies have to offer.

Aetna vs. Cigna Medicare comparison

AetnaCigna
Access to provider networks1.2 million health care professionals (globally)11.5 million health care professionals (globally)2
Availability
Medicare Advantage45 states and DC315 states and DC4
Medicare Supplement49 states549 states and DC6
Prescription Drug PlansNationwide7Nationwide8
Plans offered
Medicare AdvantageHMO, PPO, SNP, HMO-POS*9HMO, PPO, SNP, HMO-POS*10
Medicare SupplementA, B, C, F, high deductible F, G, & N*11A, F, high deductible F, G, & N*12
Prescription Drug Plans3 plans133 plans14
Financial rankings
Standard & Poor's (S&P)BBB15A-16
Avg. Medicare Star Rating
Medicare Advantage3.7/5173.3/518
Medicare Part D3.4/5192/520
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Data effective 5/30/19.
*Subject to vary by state.

Provider network access

Because Original Medicare and Medicare Supplement (or Medigap) plans allow you to see any doctor who accepts Medicare, provider networks don’t apply to those plans.

But with Medicare Advantage, plans often have rules for which doctors and providers you can see. If you go with Aetna, you get access to the company’s approximately 1.2 million health care providers worldwide. But Cigna has an even larger provider network, with 1.5 million health care providers across the globe.

Availability by location

You can purchase a Part D prescription drug plan (PDP) from Aetna or Cigna no matter which state you live in.

Aetna sells Medicare Advantage plans in 45 states and DC. Contrast this with Cigna, which sells Medicare Advantage plans in only 15 states and DC.

Nearly every state can get a Cigna or Aetna Medigap plan but, between the two, only Cigna offers Medigap coverage in DC.

Comparing the plans offered

Both Aetna and Cigna offer Medicare Advantage plans and primarily sell HMO or PPO plans. Both companies also offer HMO SNPs (Special Needs Plans) or HMO-POS (Point of Service) plans in select states.

Aetna vs. Cigna Medicare Advantage plans*

Plan TypeAetna21Cigna22
HMOAetna Medicare Value PlanCigna-HealthSpring Preferred
HMOAetna Medicare Platinum PlanCigna-HealthSpring PreventiveCare
PPOAetna Medicare Premier PlanCigna-HealthSpring Preferred
HMO SNPAetna Medicare Dual CoreCigna-HealthSpring TotalCare

Data effective 6/3/19.
*Subject to vary by state.

If you are considering purchasing a Medicare Advantage plan, we recommend looking at how Cigna compares to other providers, such as Blue Cross Blue Shield or UnitedHealthCare.

Aetna vs Cigna Medicare Supplement plans*

MedigapAetna23Cigna24
Plan AYesYes
Plan BYesNo
Plan CYesNo
Plan DNoNo
Plan FYesYes
Plan GYesYes
Plan KNoNo
Plan LNoNo
Plan MNoNo
Plan NYesYes
High-deductible FYesYes

Data effective 6/3/19.
*Subject to vary by state.

Each Medicare Supplement plan helps pay for a different portion of costs not covered by Original Medicare. The chart below details the coverage of each of these plans, so look it over to find out which benefits each Medigap plan includes. Remember that not all Medicare Supplement plans are available in all areas. You can also visit our Medigap plan comparison guide for more details.

 Medicare Supplement plans
Medicare Supplement plan benefitsABCDFGKLMN
1.Part A coinsurance/hospital costsYesYesYesYesYesYesYesYesYesYes
2.Part B coinsurance/copaymentYesYesYesYesYesYes50%75%YesYes
3.Blood (first 3 pints)YesYesYesYesYesYes50%75%YesYes
4.Part A hospice care coinsuranceYesYesYesYesYesYes50%75%YesYes
5.Skilled nursing facility care coinsuranceNoNoYesYesYesYes50%75%YesYes
6.Part A deductibleNoYesYesYesYesYes50%75%50%Yes
7.Part B deductibleNoNoYesNoYesNoNoNoNoNo
8.Part B excess chargeNoNoNoNoYesYesNoNoNoNo
9.Foreign travel coverageNoNo80%80%80%80%NoNo80%80%
10.Out-of-pocket limitNoNoNoNoNoNo$5,560 $2,780 NoNo

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Comparing financial rankings

One way to measure an insurance company’s strength is by looking at its financial ratings. Certain organizations, like Standard & Poor’s (S&P), review these companies’ financial data to make predictions on how stable they are—in essence, how likely it is that they will be able to continue paying claims for the foreseeable future.

Aetna vs. Cigna Financial ratings

AetnaCigna
Standard & Poor's (S&P)BBBA-

Aetna is rated BBB by Standard & Poor’s for financial strength. According to S&P, the “BBB” category means the company has an “adequate capacity to meet financial commitments, but more subject to adverse economic conditions.”25

S&P rated Cigna at an A-. The “A” category means the company has a “strong capacity to meet financial commitments, but somewhat susceptible to adverse economic conditions and changes in circumstances.”26 The minus (-) added to their grade means they are in the lower end of the rating.

To summarize, Cigna is in slightly better financial standing than Aetna according to Standard and Poor’s, but not by very much.

Final thoughts

If you’re looking for a comprehensive Advantage plan, prescription drug coverage, or Medigap plans, both Aetna or Cigna may have plenty of options, depending on where you live.

Are you ready to compare quotes from Cigna and Aetna to see what will work best for you? Call the number below for help.

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Call to speak with a Licensed Agent

855-802-1206

Sources

Content on this site has not been reviewed or endorsed by the Centers for Medicare & Medicaid Services, the United States Government, any state Medicare agency, or any private insurance agency (collectively “Medicare System Providers”). Eligibility.com is a DBA of Clear Link Technologies, LLC and is not affiliated with any Medicare System Providers.