Medicare Advantage Plans With a Part B Giveback in New Mexico
These New Mexico plans pay part of your Part B premium for 2027, according to the benefits each one filed with CMS. They’re sorted by the size of the giveback, with each plan’s worst-case year beside it: 12 months of premiums, less the giveback, plus the in-network out-of-pocket maximum.
Showing all 11 plans.
With drug coverage
| # | Plan | Premium / month | In-network max out-of-pocket | Worst-case year | Stars |
|---|---|---|---|---|---|
| 1 | DEVOTED GIVEBACK 002 NM (HMO)Devoted Health · HMO7 of 33 counties · drug deductible $461Part B giveback $184.70/mo · Dental up to $250/yr · eyewear $200/yr · OTC items $376/yr | $0−$184.70 Part B giveback | $8,000 | $5,784 | Too new to rate |
| 2 | DEVOTED GIVEBACK 006 NM (HMO)Devoted Health · HMO6 of 33 counties · drug deductible $461Part B giveback $184.70/mo · Dental up to $250/yr · eyewear $200/yr · OTC items $376/yr | $0−$184.70 Part B giveback | $8,000 | $5,784 | Too new to rate |
| 3 | DEVOTED GIVEBACK EXTRAS 015 NM (HMO)Devoted Health · HMO7 of 33 counties · drug deductible $700Part B giveback $75/mo · Dental up to $3,000/yr · eyewear $400/yr · OTC items $736/yr | $0−$75 Part B giveback | $5,850 | $4,950 | Too new to rate |
| 4 | DEVOTED GIVEBACK EXTRAS 016 NM (HMO)Devoted Health · HMO6 of 33 counties · drug deductible $700Part B giveback $75/mo · Dental up to $2,000/yr · eyewear $400/yr · OTC items $328/yr | $0−$75 Part B giveback | $6,150 | $5,250 | Too new to rate |
| 5 | AARP Medicare Advantage Giveback from UHC EP-2 (PPO)UnitedHealthcare · PPO5 of 33 counties · drug deductible $240Part B giveback $67/mo · Preventive dental · eyewear $100/yr · hearing aids $700/yr | $0−$67 Part B giveback | $9,850 | $9,046 | 4★ |
| 6 | Humana Essentials Plus Giveback (PPO)Humana · PPO25 of 33 counties · drug deductible $450Part B giveback $63/mo · Dental up to $2,000/yr · eyewear $100/yr | $0−$63 Part B giveback | $7,850 | $7,094 | 4★ |
| 7 | AARP Medicare Advantage Giveback from UHC NM-8 (PPO)UnitedHealthcare · PPO5 of 33 counties · drug deductible $220Part B giveback $61/mo · eyewear $100/yr · hearing aids $700/yr | $0−$61 Part B giveback | $7,150 | $6,418 | 4★ |
| 8 | AARP Medicare Advantage Giveback from UHC NM-7 (PPO)UnitedHealthcare · PPO4 of 33 counties · drug deductible $685Part B giveback $55/mo · eyewear $100/yr · hearing aids $700/yr | $0−$55 Part B giveback | $7,150 | $6,490 | 4★ |
Without drug coverage
These plans don’t include Part D. They mainly suit people with drug coverage from elsewhere, such as the VA or TRICARE. Joining one generally means you can’t also join a stand-alone Part D plan.
| # | Plan | Premium / month | In-network max out-of-pocket | Worst-case year | Stars |
|---|---|---|---|---|---|
| 1 | Humana USAA Honor Giveback (PPO)Humana · PPO27 of 33 countiesPart B giveback $125/mo · Dental up to $2,000/yr · eyewear $150/yr | $0−$125 Part B giveback | $6,200 | $4,700 | 4★ |
| 2 | AARP Medicare Advantage Patriot No Rx NM-MA02 (PPO)UnitedHealthcare · PPO19 of 33 countiesPart B giveback $90/mo · Dental up to $1,500/yr · eyewear $150/yr · hearing aids $700/yr | $0−$90 Part B giveback | $7,150 | $6,070 | 4★ |
| 3 | AARP Medicare Advantage Patriot No Rx NM-MA01 (PPO)UnitedHealthcare · PPO9 of 33 countiesPart B giveback $65/mo · Dental up to $1,000/yr · eyewear $125/yr · hearing aids $700/yr | $0−$65 Part B giveback | $7,150 | $6,370 | 4★ |
Giveback = the monthly Part B premium reduction each plan filed with CMS for 2027. Worst-case year = 12 × (monthly plan premium − giveback) + in-network maximum out-of-pocket, so a large giveback can make it lower than the out-of-pocket maximum. The standard Part B premium was $202.90 a month in 2026. Special Needs Plans, Cost plans, employer plans and plans under CMS sanction aren’t listed. Methodology
Before you enroll: check that your doctors are in the plan’s network and how it covers your drugs, in the official Medicare Plan Finder. See every New Mexico plan, giveback or not, in our New Mexico Medicare Advantage ranking.
Questions
Which Medicare Advantage plans in New Mexico have a Part B giveback for 2027?
11 of the 39 general-audience plans in New Mexico filed a Part B premium reduction with CMS for 2027: 8 with drug coverage and 3 without. The largest is $184.70 a month, from DEVOTED GIVEBACK 002 NM (HMO).
How do I get the Part B giveback?
Join the plan. The plan's reduction comes off the standard Part B premium you'd otherwise pay, whether that premium is taken from your Social Security benefit or billed to you. You keep paying any Part B premium that's left.
Is a giveback plan the cheapest choice?
Not always. Plans that pay back part of your Part B premium can have higher copays, a higher out-of-pocket maximum or a narrower network. The worst-case year in the table counts the giveback as money back and adds the out-of-pocket maximum, so you can compare plans on one number.
Does the giveback help if Medicaid pays my Part B premium?
No. If Medicaid or a Medicare Savings Program pays your Part B premium, CMS sends the reduction to your state, not to you. The giveback also can't lower a Part B late enrollment penalty.
Sources
- CMS, CY 2027 Medicare Advantage and Prescription Drug Plan Landscape (CY2027_Landscape_202609.csv), from cms.gov; extra benefits (Part B giveback, dental, eyewear, hearing aids, over-the-counter allowance) from the CMS CY 2027 Plan Benefit Package files, cms.gov, yearly amounts as each plan filed them; star ratings from the CMS 2027 Star Ratings Data Tables (October 8, 2026), cms.gov. Ratings are per contract, so plans under the same contract share one rating. General-audience plans only: Special Needs Plans, Cost plans and employer group plans are not ranked.
- CMS, Medicare State Buy-in Manual, Chapter 1 (Part B premium reductions by Medicare Advantage plans) — cms.gov PDF.
- CMS, 2026 Part B premium — cms.gov.
Educational information, not a recommendation to join any plan. We are not an insurance agent or broker, and we are not connected with or endorsed by the U.S. government or the federal Medicare program. Plan details can change; confirm with the plan or Medicare.gov. · Advertiser disclosure
Keep going
- All New Mexico Medicare Advantage plans, ranked →
- $0-premium plans in New Mexico →
- Advantage vs. Original Medicare →
Other states
Alabama · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming