The Best Alaska Medicare Supplement Plans (2024)

A 65-year-old pays an average of $111 per month for their Medicare supplement plan in Alaska, while a 75-year-old typically pays $186 for a comparative plan.

Average costs for Plans F and G are $196.99 and $103.70, respectively. They are the most popular due to their comprehensive coverage. However, Plan F is only available to individuals eligible for Medicare before 2020.

Plan N, which is the next most popular option, also offers similar coverage to Plans F and G. However, it involves some excess charges. The average cost of Plan N in Alaska is $120.90 per month.

State Farm has the best Medigap plan in Alaska for Plan G. However, for this analysis, MoneyGeek only ranked companies where online quotes were available. There may be more Medicare Supplement plan providers available in Alaska that do not have online quotes.

The average cost of Plan G Medicare Supplement plans in Alaska is $139.90 per month. The cheapest company for this plan is Premera, which has an average rate of $92.50 per month. Meanwhile, the most expensive provider, UnitedHealthcare, is $38.20 higher, with an average rate of $130.70 per month.

Actual costs may vary based on current age, age when you purchased the plan, discounts and medical underwriting factors.

There are 11 companies offering Plan G Medicare Supplement plans in Alaska. However, not all companies provide online quotes. MoneyGeek collected contact information for Plan G providers in Alaska and listed the companies’ pricing methods to help you determine the best option for your age and needs.

All Medigap plans in Alaska, including Plan G, are standardized and must offer certain benefits. While Plan G has comprehensive coverage, it does not cover Part B deductibles. Additional benefits may be available, depending on the provider. For instance, State Farm offers a Foreign Travel Emergency benefit.

Based on MoneyGeek’s analysis, the best provider for a Medicare Supplement Plan F in Alaska is Humana. It has an average monthly premium of $223.01. Humana also offers a high-deductible Plan F. Choosing this option can lower your monthly premiums to $63.02.

Note that MoneyGeek’s rankings only include companies offering online quotes. There may be other providers in Alaska that do not offer online estimates.

On average, Medigap Plan F can cost anywhere from $197 to $399 per month. However, actual rates may differ based on your chosen provider, current age, age when you purchased the plan, available discounts and medical underwriting factors.

For instance, the cheapest company for a 75-year-old looking for this type of Medicare Supplement plan in Alaska is Humana with an average rate of $143 per month. UnitedHealthcare is the most expensive option at $294.30 per month, almost $151.30 more than its competitor.

Eleven companies offer Medicare Supplement Plan F in Alaska, but not all providers are accessible online. MoneyGeek collected the contact information and pricing schemes of all providers so you can compare and find the best Medigap plan in Alaska based on your age.

Plan F, like other Medigap policies, is standardized. All providers have to ensure that their plan F includes certain benefits. That said, some companies offer additional features. For example, Humana has a 24-hour nurse advice line.

For Medigap Plan N, State Farm is the best provider in Alaska. However, MoneyGeek’s ranking only features companies where online quotes were available. You may find more providers available in the state that do not have online quotes. You can contact them by phone or email to know their rates and offers.

For a Medicare Supplement Plan N in Alaska, the average cost is $151.90. Monthly average rates may vary per provider, discounts, medical underwriting factors, your current age and your age when you bought the plan.

For a 65-year-old, the cheapest provider is State Farm at $83.30 per month. Meanwhile, the most expensive company is Premera, offering plans at an average monthly rate of $151.50, about $68.20 more than its competitor.

A total of 10 companies offer Plan N in Alaska. However, not all of them have online quotes. MoneyGeek gathered the contact information and pricing methods of all Plan N providers to help you find the best Medigap plan in Alaska for your age and needs.

Plan N is standardized, meaning all providers must include certain benefits like Part A and Part B coinsurance. Note that Plan N does not have a Part B deductible nor an excess charge.

That said, providers can offer additional features. For instance, State Farm also offers additional Foreign Travel Emergency coverage.

Other Medicare Supplement plans in Alaska include Plans A, B, C, D, K and L. However, these are less popular as they tend to have less comprehensive coverage.

MoneyGeek analyzed coverage and available rates to find the best options for each plan type. The companies with available quotes online for Alaska residents are State Farm, UnitedHealthcare and Humana.

Individuals who became eligible for Medicare after January 1, 2020 are not qualified to buy Plan C in Alaska or elsewhere.

Medicare Supplement is a complicated topic. To help you compare Medicare Supplement plans in Alaska, MoneyGeek created an easy comparison chart for each plan type based on collected pricing data and analysis.

Different Medigap plans in Alaska have different levels of coverage. Some may cover all coinsurance or deductibles, while others may not.

The availability of certain plan types also depends on when you become eligible for Medicare. For instance, Plans F and C are the most comprehensive options. However, new enrollees cannot buy them anymore. These two plans have been replaced by Plans G and D.

The chart below can help you compare coverages and average rates.

Medicare Supplement costs can vary greatly, depending on the plan type and provider. The most affordable company for Plans A, D, G and N is State Farm. On the other hand, the cheapest for Plans B, C and F is Humana. UnitedHealthcare is the most affordable provider for Plans K and L.

Another factor that can affect rates is the pricing style.

• Attained-Age: The most common pricing style in Alaska is attained-age rating. It is when the premium rate is based on the current age of the individual.
• Community-Rated: Another pricing style used by Medicare Supplement plan providers in Alaska is community-rated wherein providers charge the same monthly premium to everyone with a Medigap policy regardless of age.

Finding the best Medicare Supplement plan in Alaska can be a bit challenging as it depends on various factors. MoneyGeek answers some of the most commonly asked questions below to help you get started.

MoneyGeek collected data from the biggest Medicare Supplement/Medigap providers in Alaska for 65-year-olds and 75-year-olds. Plans were only rated as one of the best if we obtained an accurate quote from the provider online.

MoneyGeek’s scoring system weighted affordability 75% and benefits 25%. A Medigap provider received 5% for every benefit, up to a maximum of 25%.