Medicare Part D

Alaska Part D Plans for 2027: 9 Stand-Alone Drug Plans From 5 Insurers

ANCHORAGE — Alaskans who buy a stand-alone Medicare prescription drug plan will have nine options from five insurers for 2027, according to the Centers for Medicare & Medicaid Services (CMS) Landscape file for the Alaska Part D region. The lineup is the same size as 2026, when the state also had nine plans from five insurers, though the mix of companies has shifted.

Medicare Part DAlaska

How many stand-alone Part D plans are offered in Alaska for 2027?

Alaska has 9 stand-alone Medicare prescription drug plans from 5 insurers for 2027. That is the same total as 2026, which also had 9 plans from 5 insurers. Because Alaska is a single CMS Part D region, every one of these plans is available to any Medicare beneficiary living anywhere in the state. The year-over-year change is in the roster rather than the count: Blue Cross and Blue Shield of IL, NM, OK, TX is new to the Alaska stand-alone market for 2027, and HealthSpring, which offered stand-alone coverage in 2026, is not offering a stand-alone plan in Alaska in 2027. Drug coverage that is built into a Medicare Advantage plan is counted separately and is not part of this nine-plan total.

Which insurers offer stand-alone Part D plans in Alaska for 2027?

Five insurers offer stand-alone Part D plans in Alaska for 2027. Listed alphabetically with their 2027 plan counts:

• Aetna Medicare — 1 plan
• Blue Cross and Blue Shield of IL, NM, OK, TX — 1 plan
• Humana — 3 plans
• UnitedHealthcare — 2 plans
• Wellcare — 2 plans

This list reflects stand-alone Part D only. It does not include drug coverage that comes bundled inside a Medicare Advantage plan, and it is not a ranking.

What do the 2027 Part D out-of-pocket cap and deductible limit mean in Alaska?

For 2027, no Alaska Part D plan may charge a Part D deductible above $700, and every Part D plan must stop charging the member for covered drugs once their out-of-pocket spending reaches $2,400 for the year. The $2,400 cap is a national Part D rule set by CMS; the comparable figure in 2026 is $2,100. Once a member hits the cap, the plan pays 100% of the cost of covered drugs for the remainder of the calendar year. Individual plans may set a deductible lower than $700 or structure cost sharing differently within the rules, so Alaskans comparing options should look at each plan's own documents for the specific dollar amounts that apply to the drugs they take.

Which Alaska Part D plans can someone with full Extra Help join for a $0 premium in 2027?

In 2027, 3 stand-alone Part D plans in Alaska are available at no monthly premium to a person who qualifies for the full federal Extra Help (Low-Income Subsidy). That is the same number as 2026, which also had 3 benchmark plans. CMS calls these "benchmark" plans. Alaskans who think they may qualify for Extra Help can apply through the Social Security Administration at any time; approval is handled separately from choosing a plan. The current list of benchmark plans for Alaska is available on the Medicare Plan Finder at Medicare.gov and by calling 1-800-MEDICARE.

How does stand-alone Part D in Alaska compare with drug coverage in Medicare Advantage?

Stand-alone Part D plans in Alaska cover prescription drugs only and are designed to sit alongside Original Medicare. The nine stand-alone plans counted here are the Alaska options for someone who keeps Original Medicare and wants drug coverage added to it. Medicare Advantage plans are a different track: they are offered by private insurers as an alternative way to receive Medicare Parts A and B, and most of them fold prescription drug coverage into the same plan. Those bundled drug benefits are not counted among the nine stand-alone plans. A person generally chooses one route or the other for drug coverage; the Plan Finder at Medicare.gov can show both side by side.

How can Alaskans check a plan's drug list and pharmacies before December 7, 2026?

The authoritative tool is the Medicare Plan Finder at Medicare.gov, which lets an Alaskan enter their ZIP code and their specific medications and then shows, for each 2027 plan, whether each drug is on the formulary and which pharmacies are in network. 1-800-MEDICARE (available 24 hours a day, 7 days a week) can walk through the same information by phone. Each insurer also publishes its own 2027 formulary and pharmacy directory. Checking these before December 7, 2026 matters because that is the last day of Medicare Open Enrollment 2027; a choice made during the October 15 – December 7, 2026 window takes effect January 1, 2027.

Where can Alaskans get free help choosing a 2027 Part D plan?

Two free, non-commercial options are available everywhere in Alaska. Medicare.gov hosts the official Plan Finder and plan documents, and 1-800-MEDICARE (TTY 1-877-486-2048) answers questions by phone at no cost. Both are run through CMS and neither sells insurance. The Social Security Administration handles Extra Help applications and, separately, announced on October 14, 2026 a 3.6 percent cost-of-living adjustment to Social Security benefits payable beginning January 2027. The 2027 Part B standard premium, the Part B deductible, and the 2027 IRMAA income-related surcharges had not been announced by CMS as of this writing; those figures are typically released later in the fall.

One more national number worth knowing: the Part D base beneficiary premium for 2027 is $41.33. That figure is used in the formula for the Part D late-enrollment penalty; it is not the premium of any particular Alaska plan. Actual monthly premiums are set plan by plan and appear in each plan's own documents and on the Plan Finder.