The Best Medicare Supplement (Medigap) Plans in Alaska
- Read our Medicare Supplement Insurance review and find out which Medigap plans in Alaska pay for Part A and B deductibles, coinsurance, foreign travel and other Medicare costs.
Even when you have Medicare, you must pay for certain costs out of your pocket. About 16% of Medicare beneficiaries in Alaska, or just over 16,150 residents, enroll in a Medicare Supplement Insurance plan to offset expenses such as Part A and B deductibles, coinsurance and copays.
Commonly called Medigap, these insurance plans are sold through private companies and help pay for some costs you're responsible for. For example, if you have Medicare, Part A hospital insurance doesn't kick in until you reach your Part A deductible. However, if you join a Medigap plan that covers this expense, your private insurer will pay for some or all of the deductible when you're admitted to a hospital for an inpatient stay.
You can find Medicare Supplement plans where you live by comparing plans from several different insurance companies online.
What Are the Best Alaska Medicare Supplement Plans?
There are 10 types of Medigap plans sold in Alaska, each identified by a letter of the alphabet. Plans within the same letter category cover the same kinds of benefits, so you can more easily compare costs.
|Medicare Supplement Benefits||A||B||C1||D||F1||G||K||L||M||N|
|Part A coinsurance and hospital costs||✓||✓||✓||✓||✓||✓||✓||✓||✓||✓|
|Part B coinsurance or copayment||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|First 3 pints of blood||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|Part A hospice care co-insurance or co-payment||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|Co-insurance for skilled nursing facility||✓||✓||✓||✓||50%||75%||✓||✓|
|Medicare Part A deductible||✓||✓||✓||✓||✓||50%||75%||50%||✓|
|Medicare Part B deductible||✓||✓|
|Medicare Part B excess charges||✓||✓|
|Foreign travel emergency||80%||80%||80%||80%||80%||80%|
|1. Plans C and F are not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
2. Plans F and G also offer a high deductible plan which has an annual deductible of $2,700 in 2023. Once the annual deductible is met, the plan pays 100% of covered services for the rest of the year. The high deductible Plan F is not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
3. Plan K has an out-of-pocket yearly limit of $6,940 in 2023. Plan L has an out-of-pocket yearly limit of $3,470 in 2023.
4. Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to $50 for emergency room visits that don’t result in an inpatient admission.
View an image version of this table.
No matter which Medigap plan you choose in Alaska, you're covered for the following:
- Part A hospital coinsurance (100%)
- Part A hospice care coinsurance (up to 100%)
- Part B coinsurance/copays (up to 100%)
- First three pints of blood (100%)
Additional Medigap benefits depend on the plan you choose. These include the excess fees a physician charges above the Medicare-approved amount (Plans F and G) and emergency foreign travel (Plans C, D, F, G, M and N).
Medigap and the Part B Deductible
Plans C and F both cover the Part B deductible, but are only available to those eligible for Medicare before January 1, 2020. Medicare Supplement plans no longer pay for the Part B deductible for those who turn 65 or get Medicare Part A on or after January 1, 2020.
If you don't qualify for Plans C and F for this reason, but want similar benefits, you can consider Plans G and N.
- Plan G covers the same benefits as Plan F but doesn't include the Part B deductible
- Plan N covers the same benefits as Plan C but doesn't include the Part B deductible. Similar to Plan C, it pays 100% of the Part B coinsurance, but there may be a copay for some physician visits or an emergency room visit when you're not admitted to the hospital as an inpatient.
How Do I Enroll in an Alaska Medigap Plan?
You can join any Medigap plan sold in Alaska during your six-month Medigap Open Enrollment Period. This is a one-time window that begins the month you're 65 or older and enrolled in Medicare Part B.
It's important to mark your calendar as this is the optimal time to join Medigap. Insurance companies are legally required to sell you a Medigap policy during your Medigap Open Enrollment Period, even if you have or had a medical condition. You can't be charged differently based on your health.
There are a few other times outside of your Medigap Open Enrollment Period where you enjoy the same guaranteed issue rights. These are primarily related to changes to your existing health coverage that are beyond your control. For example:
- You no longer have Medicare Advantage because you moved out the plan's service area or the insurer is no longer providing coverage
- Your insurance provider is bankrupt, has broken Medicare rules, or has misled you in some way
- You returned to Original Medicare after trying Medicare Advantage for less than a year
If you miss your Medigap Open Enrollment Period, or don't qualify for guaranteed issue rights, then you may be denied coverage or charged higher premiums.
Once you're enrolled in a Medigap plan, it's guaranteed renewable as long as you pay your premiums.
AHIP. (Feb. 2023). The Sate of Medicare Supplement Coverage Trends in Enrollment and Demographics. https://www.ahip.org/documents/202301-AHIP_MedicareSuppCvg-v03.pdf.