Blue Cross Blue Shield provides the cheapest overall health insurance in Alaska, with an average monthly premium of $780. Availability might differ, so consider Moda for affordable health plans in the state.
Most Affordable Health Insurance in Alaska
Updated: June 10, 2025
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Key Takeaways
Blue Cross Blue Shield provides Alaska's most affordable health insurance at $780 per month, a rate higher than the state average.
Moda offers top-rated full coverage Gold plans, with rates starting at $929 monthly.
Finding the cheapest health insurance starts with selecting a coverage level within your budget, checking your subsidy eligibility and comparing plans from several companies.
Most Affordable Health Insurance Companies in Alaska
| Blue Cross Blue Shield | $780 | $-118 |
| Moda | $1,452 | $-790 |
*These plans reflect rates for 40-year-olds who aren't considered low-income.
Cheapest Alaska Health Insurance Plans by Profile
While we've summarized the cheapest companies for most in Alaska, the most affordable plan for you will differ widely depending on your desired coverage tier and age. Below are the cheapest companies by category for most in the area:
- Cheapest For Young Adults: Moda ($833 monthly)
- Cheapest For Seniors: Moda ($2,207 monthly)
- Cheapest Expanded Bronze Plan: Moda ($656 monthly)
- Cheapest Silver Plan: Moda ($1,039 monthly)
- Cheapest Gold Plan: Moda ($929 monthly)
While these are a good measure of the most affordable plans, they only represent the cheapest for 40-year-olds (26-year-olds for young adults and 60 for seniors), and your cheapest company and plan may differ for your profile. So below, we've created a filterable table that you can modify by plan tier and age to find your lowest rate match.
Data filtered by:Results filtered by:
Select
Plan Level:Silver
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Age:40
| Moda | Moda Pioneer Alaska Standard Silver | $1,039 | $35 | $8,000 |
How to Find the Cheapest Health Insurance in Alaska
Follow these steps to find affordable health insurance in Alaska:
- 1
Determine coverage plan needs and affordability
Your coverage plan type and tier will differ widely depending on your personal health circumstances and income. Calculate how much income you can set aside for monthly premiums, considering your current health and risk for injury or disease based on location, age and lifestyle.
- 2
Find out your subsidy eligibility
People earning between $14,580 and $54,000 may qualify for premium tax credits, reducing costs by 40% to 100%. Those with incomes below 250% of the Federal Poverty Level ($36,450) can access cost-sharing reductions, decreasing out-of-pocket expenses up to 73%.
- 3
Consider federal programs for eligible age groups
If you're of suitable age, explore Medicare Advantage plans and Medicare Supplement plans. These plans may offer more affordable and flexible alternatives to traditional plans.
- 4
Review prescription formularies
Check insurers' prescription coverage for medications you regularly take. Choosing plans with lower-tier placements and reduced copays for your medications can optimize savings and ensure consistent and affordable access to necessary prescriptions, saving you hundreds of dollars each year.
- 5
Compare plans during Open Enrollment
Open Enrollment runs from November 1 to January 15, though you might qualify for Special Enrollment if you've had major life changes like job loss, divorce or having a child. When comparing plans, consider types of coverage, customer ratings, cost and provider availability.
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The district's most affordable health insurance companies are CareFirst, Kaiser Permanente and Health First. While we recommend these affordable options, you should compare as many plan types and tier quotes as possible from multiple companies to get the best deal.
Most Affordable Health Insurance in Alaska: Bottom Line
Blue Cross Blue Shield and Moda are Alaska's most affordable health insurance companies. While we recommend these affordable options, you should compare as many plan types and tier quotes as possible from multiple companies to get the best deal.
Cheap Alaska Health Insurance: FAQ
Below are frequently asked questions about finding affordable health insurance in Alaska:
What is the cheapest health insurance in Alaska?
Blue Cross Blue Shield offers the cheapest health insurance in Alaska, with Silver plans starting at $780 monthly for 40-year-olds. To find your ideal option, also consider Moda and other providers.
What are the downsides of a cheap health insurance plan?
Compared to higher-priced plans, cheap health insurance has higher out-of-pocket costs, including deductibles and copays. More expensive plans reduce out-of-pocket expenses and offer more extensive health care coverage.
How We Decided the Cheapest Health Insurance Companies in Alaska
MoneyGeek obtained data directly from the Centers for Medicare and Medicaid Services (CMS) on available health insurance plans in Alaska based on consumers aged 18, 26, 40, 50 and 60.
We considered the cheapest overall to be those with the lowest monthly premium costs for 40-year-olds, as most in the state are near this age demographic, and for simplicity. However, cheaper plans tend to have higher out-of-pocket maximums and deductibles, meaning you may pay more if you receive care.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.