Are you trying to find the best Alaska Medicare Supplement plans? Shopping for plans can be fairly simple — if you know what to look for. In this guide, we’ll walk you through how to compare plans and find the best value when shopping for Alaska Medigap plans.
In this article we’ll discuss:
best medicare supplement plans in Alaska
Before you start trying to compare plans, you need to make sure you understand how these plans are setup. Medigap plans are standardized insurance plans that are regulated by the government.
What does a standardized plan mean?
This means that when you shop for a specific Medicare Supplement Plan (like Medigap Plan G) it will provide you the same exact coverage no matter the company you buy from.
Your Medicare coverage is the same no matter if the Plan G is from Aetna, Cigna, Blue Cross Blue Shield, Mutual of Omaha or any other Medigap company.
It’s the LAW!
How to save money on medicare supplement plans in Alaska
How much will you pay for your Alaska Medicare Supplement Insurance? You’re not getting more benefits by paying more.
So don’t overpay!
How much can Alaska residents save?
Here’s a quick example…
Plan G premiums with one insurance company can be very different from another insurance company. Remember, the benefits are the same even if the premiums are different.
We calculated sample quotes from multiple states to show you what the lowest and highest rates are for a 65 year old (non tobacco) male shopping for a Medigap Plan G.
The average monthly premiums from “A” rated companies are:
- Average Lowest Monthly Rate: $128
- Average Highest Monthly Rate: $190
Your Potential Monthly Savings!
Those savings are huge… That’s an annual savings of $744!
Again, these Plan G savings all come with the same benefits.
Since the benefits are the same, the only difference from each company is PRICE!
How Medicare Supplements Work
Let’s look at Medigap and compare it to an everyday purchase.
Think of Medigap plans like buying gas.
The quality of regular unleaded gasoline (Plan G) is the same at every gas station.
However, gasoline may have different prices from multiple gas stations in your town.
You probably buy the least expensive premium gas because it’s the same regardless of which station you buy it from.
This is how Medigap works.
If you want to purchase a Plan G, shop your Plan G with all the companies in your Zip Code.
If you are shopping for Plan N, shop all Plan N plans in your Zip Code.
Compare Alaska Medicare Supplements
It is important to know that even though the coverage for Alaska Medicare Supplement Plans are the same, the rates are not. You need to compare the plan letters from company to company. For example, compare Medicare Supplement Plan G from multiple companies.
Medicare Supplement Insurance Plan premium prices are different when comparing Alaska Medicare Supplement Insurance Companies.
The Medigap lettered plans (Plan G for example) are standardized. This is a safety net put in place by CMS (Centers for Medicare and Medicaid Services) to protect you. Insurance companies, by law, can’t make any changes to standardized Medigap benefits.
CMS, however, does not regulate premiums. Insurance companies adjust rates based on inflation, overhead, medical pay outs, marketing, etc.
Alaska Medigap Benefits
Plan G benefits are the exact same no matter what company you choose.
This applies to all Medigap plan letters.
You do not get better benefits by selecting a big or small insurance company.
Price comparison shopping is extremely important.
You must make sure that you are not spending more than you have to for the exact same Alaska Medicare Supplement Insurance Coverage.
Medicare Supplement Outline Of Coverage
* Plans F and G also offer a high-deductible plan in some states. With this option, you must pay for Medicare-covered costs (coinsurance, copayments, and deductibles) up to the deductible amount of $2,340 in 2020 ($2,370 in 2021) before your policy pays anything. (Plans C and F aren’t available to people who were newly eligible for Medicare on or after January 1, 2020.)
** For Plans K and L, after you meet your out-of-pocket yearly limit and your yearly Part B deductible, the Medigap plan pays 100% of covered services for the rest of the calendar year.
*** Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to a $50 copayment for emergency room visits that don’t result in inpatient admission.
REMEDIGAP can help
Our service is free. We help Alaska Medicare Insurance beneficiaries who are new to Medicare or already using Medicare.
If you have a Medigap plan, we can review your coverage and find lower rates to save you money on the same exact plan.
We are independent agents who shop the entire market and offer you choices.
We’re not bound to any insurance company.
We don’t work for the Medicare Supplement companies. We work for you.
We’ll find you the absolute highest value with your Medicare Supplement coverage by shopping all of the insurance companies that offer Alaska Medigap coverage.
Be an informed buyer and comparison shop your Alaska Medicare Supplement Insurance plans and rates.
Just click here to request a quote or call us at (888) 411-1329 for personal service.
Alaska Medigap Locations
Are you wondering if I can help you lower your Medicare Supplement costs? I can! Below are the cities in Alaska that I serve. Click here if you’re looking for other Medicare Supplement states.
Adak Akhiok Akiachak Akiak Akutan Alakanuk Alatna Alcan Border Aleknagik Aleneva Allakaket Alpine Ambler Anaktuvuk Pass Anchorage municipality Anchor Point Anderson Angoon Aniak Anvik Arctic Village Atka Atmautluak Atqasuk Attu Station Barrow Bear Creek Beaver Beluga Bethel Bettles Big Delta Big Lake Birch Creek Brevig Mission Buckland Buffalo Soapstone Butte Cantwell Central Chalkyitsik Chase Chefornak Chenega Chevak Chickaloon Chicken Chignik Chignik Lagoon Chignik Lake Chiniak Chisana Chistochina Chitina Chuathbaluk Circle Clam Gulch Clark’s Point Coffman Cove Cohoe Cold Bay Coldfoot College Cooper Landing Copper Center Copperville Cordova Covenant Life Craig Crooked Creek Crown Point Cube Cove Deering Delta Junction Deltana Diamond Ridge Dillingham Diomede Dot Lake Dot Lake Village Dry Creek Eagle Eagle Village Edna Bay Eek Egegik Eielson AFB Ekwok Elfin Cove Elim Emmonak Ester Evansville Excursion Inlet Fairbanks False Pass Farm Loop Ferry Fishhook Flat Fort Greely Fort Yukon Four Mile Road Fox Fox River Fritz Creek Funny River Gakona Galena Gambell Game Creek Gateway Glacier View Glennallen Golovin Goodnews Bay Grayling Gulkana Gustavus Haines Halibut Cove Happy Valley Harding-Birch Lakes Healy Healy Lake Hobart Bay Hollis Holy Cross Homer Hoonah Hooper Bay Hope Houston Hughes Huslia Hydaburg Hyder Igiugig Iliamna Ivanof Bay Juneau city and borough Kachemak Kake Kaktovik Kalifornsky Kaltag Karluk Kasaan Kasigluk Kasilof Kenai Kenny Lake Ketchikan Kiana King Cove King Salmon Kipnuk Kivalina Klawock Klukwan Knik-Fairview Knik River Kobuk Kodiak Kodiak Station Kokhanok Koliganek Kongiganak Kotlik Kotzebue Koyuk Koyukuk Kupreanof Kwethluk Kwigillingok Lake Louise Lake Minchumina Lakes Larsen Bay Lazy Mountain Levelock Lime Village Livengood Lowell Point Lower Kalskag Lutak McCarthy McGrath McKinley Park Manley Hot Springs Manokotak Marshall Meadow Lakes Mekoryuk Mendeltna Mentasta Lake Metlakatla Meyers Chuck Miller Landing Minto Moose Creek Moose Pass Mosquito Lake Mountain Village Mud Bay Naknek Nanwalek Napakiak Napaskiak Naukati Bay Nelchina Nelson Lagoon Nenana New Allakaket Newhalen New Stuyahok Newtok Nightmute Nikiski Nikolaevsk Nikolai Nikolski Ninilchik Noatak Nome Nondalton Noorvik North Pole Northway Northway Junction Northway Village Nuiqsut Nulato Nunapitchuk Old Harbor Oscarville Ouzinkie Palmer Paxson Pedro Bay Pelican Perryville Petersburg Petersville Pilot Point Pilot Station Pitkas Point Platinum Pleasant Valley Point Baker Point Hope Point Lay Point MacKenzie Pope-Vannoy Landing Portage Creek Port Alexander Port Alsworth Port Clarence Port Graham Port Heiden Port Lions Port Protection Primrose Prudhoe Bay Quinhagak Rampart Red Devil Red Dog Mine Ridgeway Ruby Russian Mission St. George St. Mary’s St. Michael St. Paul Salamatof Salcha Sand Point Savoonga Saxman Scammon Bay Selawik Seldovia Seldovia Village Seward Shageluk Shaktoolik Sheldon Point (Nunam Iqua) Shishmaref Shungnak Silver Springs Sitka city and borough Skagway Skwentna Slana Sleetmute Soldotna South Naknek Stebbins Sterling Stevens Village Stony River Sunrise Susitna Sutton-Alpine Takotna Talkeetna Tanacross Tanaina Tanana Tatitlek Tazlina Teller Tenakee Springs Tetlin Thoms Place Thorne Bay Togiak Tok Toksook Bay Tolsona Tonsina Trapper Creek Tuluksak Tuntutuliak Tununak Twin Hills Two Rivers Tyonek Ugashik Unalakleet Unalaska Upper Kalskag Valdez Venetie Wainwright Wales Wasilla Whale Pass White Mountain Whitestone Logging Camp Whittier Willow Willow Creek Wiseman Womens Bay Wrangell Y Yakutat