Farm Bureau sees robust initial interest in health plan offerings – InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Life Insurance
    • Annuity News
    • Health/Employee Benefits
    • Property and Casualty
    • Advisor News
    • Washington Wire
    • Regulation News
    • Sponsored Content
    • Webinars
    • Monthly Focus
  • INN Exclusives
  • NewsWires
  • Magazine
  • Free Newsletters
Sign in or register to be an INNsider.
  • INN Exclusives
  • NewsWires
  • Magazine
  • Free Newsletters
  • Insider
  • About
  • Advertise
  • Editorial Staff
  • Contact
  • Newsletters

Get Social

  • Facebook
  • Twitter
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 19, 2021 Newswires No comments
Share
Share
Tweet
Email

Farm Bureau sees robust initial interest in health plan offerings

Herald Bulletin (Anderson, IN)

Apr. 19—ANDERSON — The Indiana Farm Bureau's venture into offering health insurance coverage for its members translated into more than 1,200 plans going active in the first quarter they were offered, the organization reported this week.

From Jan. 1 through March 31, 2021, a total of 1,242 enrolled plans became active, which means the bureau is optimistic about meeting its goal of 2,500 plans by the end of the year.

"That's still a stretch goal," said INFB Health Plans manager Patrick Williams. "The fourth quarter is when we're going to see the greatest amount of activity, but most of those plans will have an effective date of Jan. 1. Over the next eight months we have a fair amount of plans to find before the end of the year."

According to data compiled by the bureau, about 35% of those applying for INFB health plans so far this year have reported joining the bureau primarily for the health plans. Bureau officials say this highlights the need for more affordable, reliable health care in the state's agricultural community.

"A lot of small businesses are looking at us as an option as well because they can't offer a group plan because of their size," Williams said. "It's becoming a more viable option for them, which is very positive to see."

Statewide, Hamilton County reported the most sign-ups, with 47, followed by Knox County with 46. Madison County had 13 active INFB health plans, according to figures provided by the bureau.

Follow Andy Knight on Twitter @Andrew_J_Knight, or call 765-640-4809.

___

(c)2021 The Herald Bulletin (Anderson, Ind.)

Visit The Herald Bulletin (Anderson, Ind.) at www.theheraldbulletin.com

Distributed by Tribune Content Agency, LLC.

Older

Biden’s Long-Term Care Proposal Will Test Resolve

Newer

Miami Personal Injury Attorneys Lipcon & Lipcon Discuss How New Florida Insurance Law Could Affect Drivers

Advisor News

  • The wealth effect cuts both ways
  • Advisors and consumers agree on need for retirement income planning
  • For Americans, 2021 delivered healthiest finances in 8 years
  • ‘Spring Cleaning’ Includes Your Client’s Finances, Too
  • Retirement Savers Remain Confident Despite Short-Term Woes
More Advisor News

Annuity News

  • Principal Financial Group closes annuity reinsurance transaction
  • McDowell County man hits $2 million lottery jackpot
  • AIG back on top of first-quarter annuity sales, LIMRA reports
  • Nationwide To Pay $5.6M For Annuity Violations, NY Regulators Say
  • LibertyMark Freedom Fixed Indexed Annuities Launch
Sponsor
More Annuity News

Health/Employee Benefits News

  • Medicaid-expansion bill clears two committees in the N.C. General Assembly
  • Pandemic, disparities, trust erosion challenge health care
  • Health insurance case goes to Georgia Supreme Court
  • Pennsylvania Bill For Continued CHIP Coverage Gains Committee Approval
  • Oklahoma Medicaid managed care bill passes
More Health/Employee Benefits News

Life Insurance

  • Nationwide adds new index options to IUL Accumulator II 2020
  • Finseca and NAILBA are officially merged
  • Few players propelling huge private equity push into insurance
  • NAIFA symposium provides insight, advice on engaging a more diverse client base
  • NAIFA foundation will support the next generation of financial professionals
More Life Insurance

- Presented By -

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

FEATURED OFFERS

Get Linked INN to your industry Connect with INN on LinkedIn to be first on all the news and insights that matter to your industry.

Press ReleasesAll press releases

  • OneAmerica Commits $1 Million Toward Financial Literacy
  • Transamerica Structured Index Advantage Annuity Offers Investors More Certainty with Upside Growth and Downside Protection
  • Senior Market Sales Creates First-of-Its-Kind Lead Acquisition Platform
  • Growing financial services firm Kuvare opens Des Moines office in East Village, continuing expansion in Iowa
  • BetterLife Selects iPipeline® to Digitally Transform Its Business & Better Serve Future Generations
Add your Press Release >

Topics

  • Life Insurance
  • Annuity News
  • Health/Employee Benefits
  • Property and Casualty
  • Advisor News
  • Washington Wire
  • Regulation News
  • Sponsored Content
  • Webinars
  • Monthly Focus

Top Sections

  • Life Insurance
  • Annuity News
  • Health/Employee Benefits News
  • Property and Casualty News
  • AdvisorNews
  • Washington Wire
  • Insurance Webinars

Our Company

  • About
  • Editorial Staff
  • Magazine
  • Write for INN
  • Advertise
  • Contact

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2022 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • Sitemap
  • AdvisorNews

Sign in with your INNsider Account

Not registered? Become an INNsider.