Medicare Part D Plans in Alaska
Find affordable Medicare plans in Alaska
What is Medicare Part D in Alaska?
To get coverage for most prescription drugs you take at home, you must enroll in Medicare Part D if you’re covered by Medicare in Alaska. When you have Original Medicare (Part A and Part B) you can get Medicare Part D prescription drug coverage by enrolling in a stand-alone Medicare Prescription Drug Plan, which works alongside your Medicare Part A and Part B coverage. You also may opt to enroll in a Medicare Advantage plan (Medicare Part C) that includes Medicare Part D prescription drug benefits, also known as a Medicare Advantage Prescription Drug plan.
According to the Centers for Medicare and Medicaid Services data for July 2019, almost 63,000 Medicare beneficiaries in Alaska were enrolled in stand-alone Medicare Part D Prescription Drug Plans while only 621 were enrolled in Medicare Advantage prescription drug plans. This is because most kinds of Medicare Advantage plans are not generally available in Alaska, according to the Alaska Department of Health and Social Services.
Medicare Part D coverage in Alaska is available through private insurance companies contracted by Medicare. The coverage and cost of each Medicare plan with prescription drug coverage may vary, depending on the insurance company and the location that the plan is offered.
How do I get Medicare Part D in Alaska?
There are a number of times when you may enroll in Medicare Part D coverage in Alaska. The first is the Initial Enrollment Period for Part D, which occurs when you first becomes eligible for Medicare and lasts for seven months. This seven-month Initial Enrollment Period begins three months before you become eligible for Medicare, includes the month of eligibility, and continues for three months afterward.
You may also enroll in or make changes to your Medicare prescription drug coverage during the Annual Election Period (AEP), also called Open Enrollment Period for Medicare advantage and Medicare prescription drug coverage, which runs from October 15 to December 7 of each year. If you are using the annual Medicare Advantage Open Enrollment Period (OEP) January 1 to March 31 to switch from one Medicare Advantage plan to another (only where plans are available). If you choose to disenroll from your Medicare Advantage plan, you will be returned to Original Medicare; you can also use this period to enroll in a stand-alone Medicare Prescription Drug Plan.
You may also be able make coverage changes outside of the regular periods with a Special Election Period, provided that you have a qualifying situation (such as moving out of a plan’s service area).
What are other facts about Medicare Part D in Alaska?
According to the Centers for Medicare and Medicaid Services, here are some facts about Medicare Part D in Alaska in 2019:
- 22 Medicare Part D prescription drug plans are available
- 100 percent of people with a Medicare Part D prescription drug plan have access to a plan with a lower premium than what they paid in 2018.
- 51 percent of people with Medicare Part D get Extra Help
- $15.50 is the lowest monthly premium for a Medicare Part D plan
Do you have more questions about Medicare Part D in Alaska? You can enter your zip code in the form on this page or call the phone number listed on the form to speak with a licensed insurance agent at eHealth. Call 1-888-294-2801 (TTY users 711) Monday through Friday, 8:00 AM to 8:00 PM ET.
The formulary may change at any time. You will receive notice when necessary.
This information is not a complete description of benefits. Contact the plan for more information. Limitations, copayments, and restrictions may apply. Benefits, premiums and/or co-payments/co-insurance may change on January 1 of each year.