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Alaska Medicare

For more information regarding specific plans you can view Medicare insurance plans by state.

25 Medicare drug plans are available in the state. The lowest monthly premium in 2012 is $15.10.  There are 11 plans with deductibles of $0.  The least expensive premium for a prescription drug plan that covers generic medication within the coverage gap is $74.00.  There are 4 plans in Alaska that feature a $0 deductible for people who meet the criteria for limited income.

The Senior Benefits Program began Aug. 1, 2007, serving residents over age 65. The new cash benefit program for Alaska residents offers three different benefit levels based on annual income (Table below). The program no longer directly pays Medicare or insurance premiums. Enrollees receive a cash benefit, which many use for pharmaceutical coverage, but may now use for other needed purchases.

Household:

 $250 monthly payment

 $175 monthly payment

 $125 monthly payment

 Individual

 $10,200

 $13,600

 $23,800

 Couple

 $13,785

 $18,380

 $32,165

State Assistance Programs:

The Centers for Medicare and Medicare Services (CMS) funds the SHIP project to educate and counsel Alaskans about Medicare so that people make optimal choices in utilizing Medicare health insurance and have access to local counseling.

SeniorCare Cash Assistance:

No one should have to choose between medicine and groceries. With the SeniorCare Cash Assistance program, low-income and limited-income senior citizens living in Alaska will be better protected against rising prescription drug costs. This program can be used for Medicare copays, non-covered Rx products, or non-health needs such as housing and food.

City Specific Medicare pages: Anchorage, AK