Medicare helps millions of beneficiaries receive the care they need by providing hospital and medical coverage. If you need more coverage than Original Medicare in Fairbanks, Alaska provides, supplemental plans are here to help you.
Let’s examine some supplemental Medicare plans available to Fairbanks, Alaska, Medicare beneficiaries.
Medicare plans in Fairbanks, Alaska
Original Medicare in Alaska may not cover all your treatment expenses. Supplemental plans help cover the costs that Original Medicare doesn’t cover. We based the following supplemental coverage quotes on a 65-year-old male living in Fairbanks, Alaska.
Medicare Advantage plans
Medicare Advantage or Part C plans are supplemental plans that cover extra expenses and provide additional benefits. Unfortunately, these plans are unavailable to Fairbanks, Alaska, Medicare beneficiaries.
Medicare Supplement plans
Medigap plans cover the costs of treatment that Medicare does not cover. Each offers a different form of coverage for various treatment needs. The rates of these plans vary by region, but the coverage options are the same nationwide.
Plan A is a very affordable plan. It offers coverage for pints of blood, Part A hospice care, and Part B co-pays. The premiums for this plan range from $87.83 to $264.62 per month.
Plan K is a bit of an upgrade from Plan A. Plan K offers cost-sharing for most expenses except for the Part B deductible and excess charges. The monthly premiums for this plan range from $49.36 to $118.37.
Plan N is one of the most popular plans. It offers full coverage for almost everything but the Part B deductible and excess charges. The premiums for Plan N are between $87.50 and $375.07 per month.
The average cost of Medicare Supplement plans in Fairbanks, Alaska
| LETTER PLAN | LOWEST PREMIUM | HIGHEST PREMIUM |
| PLAN A | $87.83 | $264.62 |
| PLAN B | $126.86 | $368.87 |
| PLAN C | $140.08 | $416.50 |
| PLAN D | $112.83 | $223.00 |
| PLAN F | $140.76 | $417.62 |
| PLAN HDF | $33.00 | $73.00 |
| PLAN G | $113.08 | $387.02 |
| PLAN HDG | $33.00 | $45.00 |
| PLAN K | $49.36 | $118.37 |
| PLAN L | $88.24 | $209.50 |
| PLAN M | N/A | N/A |
| PLAN N | $87.50 | $375.07 |
Medicare Part D prescription drug plans
Part D plans cover prescription drugs. These drugs are prescriptions that Original Medicare and other supplemental plans often don’t cover. These plans never affect your Medicare or Medigap coverage.
Humana is one of the best carriers in the nation. They offer coverage for many drugs and have plans with a four-star rating for plan effectiveness. The program they offer in the area has a $22.70 monthly premium and a $480 deductible.
UnitedHealthcare is also a highly respected provider. The plan they offer in the area has a slightly higher monthly premium of $23.40 but has a significantly lower deductible of $310. This plan also has a four out of five-star rating for performance.
Aetna offers the cheapest plan in the area. Their Part D plan has a standard deductible of $480 and a three-star performance rating. The monthly premium for this plan is a low $7.30.\
The average cost of Medicare Part D plans in Fairbanks, Alaska
| PLAN | PREMIUM | DEDUCTIBLE | STAR RATING |
| Aetna | $7.30 | $480 | 3 |
| Wellcare | $8.40 | $480 | 3 |
| Clear Spring | $15.50 | $480 | 2 |
| Humana | $22.70 | $480 | 4 |
| UnitedHealthcare | $23.40 | $310 | 4 |
Special Needs plans
Medicare Special Needs Plans help those with chronic illnesses or disabilities reduce their healthcare costs. Unfortunately, these plans are unavailable in Fairbanks, Alaska.
How to sign up for Medicare plans in Fairbanks
If you’re a Medicare beneficiary in Fairbanks, Alaska, and you’re looking for supplemental coverage, our insurance experts can help.
We have all the information you need to compare plan rates and coverage. Plus, using our agents’ time and effort is free of charge!
So fill out our online rate form or call us today for the best rates in your area.
