Alaska Offers Affordable Health Insurance To Non-Profit Employees

Ruzanna Harutyunyan's picture

The Foraker Group, an organization that supports not-for-profit organizations in Alaska, on Thursday announced that it will offer health insurance to employees of private, not-for-profit organizations in the state, the Anchorage Daily News reports. The coverage will be offered through Premera Blue Cross Blue Shield of Alaska and will be funded with $2 million from the Rasmuson Foundation. The program will not use state money.


Employees will be able to enroll in a plan that has a $1,500 deductible, a tax-free health savings account and requires employers to contribute $750 per year to the HSA; or a plan that has a $2,500 deductible, covers catastrophic health costs and provides discounts on prescription drugs. Under both plans, employers must contribute at least 75% of the cost of premiums for individuals and 50% of premiums for family coverage. Both plans cover preventive care and will offer dental and vision coverage. To encourage enrollment, the first 2,000 employees who enroll in the $1,500 deductible plan will receive an extra $500 for their HSA over two years.

Initially, premium rates will be calculated separately for all participating not-for-profit organizations. If at least 1,500 people enroll in the program within a year, the groups will be considered jointly as an association, which will allow them to receive a more stable group rate over time, according to Foraker President Dennis McMillian (Demer, Anchorage Daily News, 7/18).

Reprinted with permission from You can view the entire Kaiser Daily Health Policy Report, search the archives, and sign up for email delivery at . The Kaiser Daily Health Policy Report is published for, a free service of The Henry J. Kaiser Family Foundation. © 2007 Advisory Board Company and Kaiser Family Foundation. All rights reserved.

Share this content.

If you liked this article and think it may help your friends, consider sharing or tweeting it to your followers.