Benefit Credits

Benefit year 2014

The AlaskaCare Employee Health Plan allows you to choose your benefit plans. Because you may have needs that are different from your coworkers and friends, with AlaskaCare you create a personal benefit program from a range of benefits and levels of coverage. Best of all, you can spend your dollars – and the state’s – for benefits that better meet your needs. Here’s how it works:

  • With the AlaskaCare Employee Health Plan, the state allocates the money it spends on your health benefits as “Benefit Credits.” If you work part-time, you get Benefit Credits only if you elect health coverage.
  • You then consider the monthly cost of each option and decide which benefits to buy.
  • After making your choices, if the total (excluding any contributions to the Dependent Care Assistance Plan), is:
    • the same as your Benefit Credit amount, there is no effect on your pay.
    • more than your Benefit Credit, you pay the difference through pretax payroll deductions. This means deductions are withheld from your pay before federal taxes are applied. The difference is deducted from your paychecks twice per month in equal amounts throughout the benefit year.

The online enrollment system will automatically calculate your Benefit Credits and premiums as you make selections, allowing you to change your choices until you are satisfied with the choices and cost.

Bargaining Unit/Employee Group Benefit Credit Monthly Amount
AVTECA $1,389
Confidential $1,389
Correctional Officers $1,389
Exempt Executive/Judicial/Legislative/Excluded $1,389
Inlandboatmens $1,389
Marine Engineers $1,389
Supervisory $1,389
TEAME $1,389

Health-eligible full time employees receive the full Benefit Credit and are required to have health coverage. Health-eligible part time employees receive one-half the Benefit Credit only if they elect health insurance.