Medicare Advantage

Aetna's Memphis Medicare Advantage plans for 2027: one gone, three renamed

Memphis, Tenn. — If you have an Aetna Medicare Advantage plan in Memphis, your 2027 lineup looks a little different. For Shelby County, Aetna is offering four Medicare Advantage plans next year, down from five this year. One plan is not returning, and three of the four that remain have new names. The Annual Enrollment Period runs October 15 through December 7, 2026, and any change you make during that window takes effect January 1, 2027.

MyMedicarePlans.org is an independent news site. We are not Aetna, and we are not Medicare. Aetna is one of 11 carriers offering Medicare Advantage plans in Shelby County for 2027; together those carriers offer 74 plans. This article walks through what Aetna is offering locally and how to check any plan against your own doctors and prescriptions before the deadline.

What Medicare Advantage plans is Aetna offering in Memphis for 2027?

In Shelby County — the county Memphis sits in — Aetna (which CMS lists as Aetna (CVS Health)) is offering 4 Medicare Advantage plans for 2027: 1 HMO and 3 PPOs. All 4 include Part D prescription drug coverage. Aetna is not offering a Dual Eligible, Chronic Condition or Institutional Special Needs Plan in the county for 2027.

The table on this page lists every Aetna plan available in Shelby County for 2027, in alphabetical order, with its plan type.

What is changing in Aetna's Memphis lineup compared with 2026?

For 2027, 1 Aetna plan offered in Shelby County in 2026 is not returning, 0 plans are new, and 3 plans are renamed. The four Aetna plans available for 2027 are:

• Aetna Medicare Eagle (PPO) — with drug coverage; renamed (was Aetna Medicare Eagle Giveback (PPO))
• Aetna Medicare Signature (PPO) — with drug coverage; renamed (was Aetna Medicare Signature Care (PPO))
• Aetna Medicare Signature Extra (PPO) — with drug coverage; renamed (was Aetna Medicare Enhanced (PPO))
• Aetna Medicare Value Plus (HMO) — with drug coverage

A renamed plan is a change on paper, but benefits, networks and costs can also change year to year. The details are in each plan's Annual Notice of Change (ANOC), which plans mail by the end of September.

What should I do if my Aetna plan is not returning in 2027?

If the specific Aetna plan you are on in 2026 is not being offered in Shelby County in 2027, you have a window to pick a new plan during the Annual Enrollment Period, October 15 – December 7, 2026. Your plan is required to send you a non-renewal notice explaining your options and the dates that apply to you.

You can switch to another Medicare Advantage plan from any carrier in the county, or go back to Original Medicare and add a stand‑alone Part D plan. If you are considering Medigap, note that outside your initial Medigap open enrollment, insurers in Tennessee can use medical underwriting; it is worth checking the rules before you decide.

How do I check a plan against my doctors and prescriptions?

Use the Medicare Plan Finder at medicare.gov. Enter your ZIP code, add every prescription you take with the dose and how often you fill it, and the tool will show you how each plan in Shelby County handles those drugs — tier, estimated yearly cost, and whether the drug needs prior authorization or step therapy.

For doctors and hospitals, do not rely only on the Plan Finder's provider lookup. Call the plan directly using the number on its summary, and also call your doctor's billing office to confirm they will be in network for that specific plan in 2027. Network participation can change on January 1. If you take a specialty medication or see a specialist regularly, confirm both the drug tier and the specialist's status before you enroll.

You can also call 1‑800‑MEDICARE (TTY 1‑877‑486‑2048), 24 hours a day, 7 days a week, for help comparing plans.

What 2027 Medicare numbers are already set?

A few program-wide figures for 2027 are confirmed by CMS and apply to any Part D coverage, including the drug coverage built into Medicare Advantage plans:

• The Part D out-of-pocket cap rises to $2,400 in 2027 (it is $2,100 in 2026).
• The Part D maximum deductible rises to $700 in 2027 (it is $615 in 2026).
• The Part D national base beneficiary premium for 2027 is $41.33. This is a formula input Medicare uses — it is not what any specific plan charges.
• The coverage gap, or "donut hole," was eliminated in 2025. Part D now has three phases: deductible, initial coverage, and catastrophic.
• The Medicare Prescription Payment Plan continues in 2027 as an option to spread drug costs across the year in monthly installments at no extra charge.

The 2027 Part B standard premium and deductible, and the 2027 IRMAA income brackets, have not yet been announced. CMS typically publishes them in the fall, usually in November.

When do I need to decide?

December 7, 2026 is the last day of the Annual Enrollment Period. A plan choice you make between October 15 and December 7 takes effect January 1, 2027.

If you do nothing and your current plan is still offered in Shelby County for 2027, it renews automatically with whatever changes are in its ANOC. If you enroll in a Medicare Advantage plan on January 1 and change your mind, the Medicare Advantage Open Enrollment Period runs January 1 – March 31, 2027, and lets you switch to a different Medicare Advantage plan once or return to Original Medicare.