Farmer health plans expect growth - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
November 6, 2018 Newswires
Share
Share
Post
Email

Farmer health plans expect growth

Star Tribune (Minneapolis, MN)

Nov. 06--Open enrollment is underway at two agricultural cooperative health plans that for a second year will provide an alternative to the state's individual market and MNsure health insurance exchange.

Whereas average premiums are declining next year for health plans sold via MNsure, organizers say the co-op rates will be flat or increasing for 2019.

Even so, the co-ops said they are planning for growth. Critics fear farmer health plans might hurt the individual market under the federal Affordable Care Act (ACA) by pulling healthy people out of the MNsure risk pool, but so far the co-op impact has been limited.

"We expect a pretty big bump," said Abir Sen of Gravie, a health benefits company in Minneapolis that helps people sign up for the plan sponsored by Arden Hills-based Land O'Lakes. "If you're doubling the eligibles, you want to double the enrollment, at least. So, we'll see."

Minnesota lawmakers in 2017 cleared the way for co-op health plans as an alternative to the state's individual market, which suffered several years of steep price increases. The individual market serves self-employed people under age 65, a group that includes many farmers.

The law for agricultural cooperative health plans (ACHPs) let farmers in certain circumstances band together in "self-insured" health plans like those used by many large employers. Co-op coverage is open only to members who actively work in production agriculture, the law says, or provide direct services to the state's industry.

Two groups launched ACHPs for 2018 -- Land O'Lakes and St. Paul-based 40 Square Cooperative Solutions -- and enrolled more than 1,700 people combined. There have been concerns that the farmer health plans might pull relatively healthy people from the risk pool at MNsure and the broader individual market, thereby driving up rates for those consumers.

But the first-year sign-up numbers led some experts to suggest the initial effect from the farmer health plans would be small.

For 2019, Sen said "the prices remained flat" for coverage in the Land O'Lakes plan, which had more than 700 enrollees in January. The cooperative is making the coverage available next year to more farmers as well as their employees.

Charlene Vrieze, executive director at 40 Square, said premiums with her group are going up by an average of 9.3 percent in part because of medical trend. In response to member feedback, 40 Square is launching an additional health plan offering for 2019 with a higher deductible.

"We hope to double our current level of lives to 2,200 total," Vrieze wrote in an e-mail.

About 155,000 state residents purchase individual health insurance policies, which are an option for people under age 65 who are self-employed or don't get coverage from their employer.

The market saw significant changes starting in 2014 when the federal ACA made it illegal for health insurers to deny coverage to individuals with pre-existing health conditions. At that time, about 293,000 Minnesotans bought individual coverage. The market has shrunk because of a series of big premium increases.

Minnesota launched the MNsure exchange in 2014 to implement the ACA, which provides income-based tax credits to people who buy individual coverage through the government-run website.

Twitter: @chrissnowbeck

___

(c)2018 the Star Tribune (Minneapolis)

Visit the Star Tribune (Minneapolis) at www.startribune.com

Distributed by Tribune Content Agency, LLC.

Older

Yemeni rebels say they halted Saudi-led forces at port city

Newer

Collector’s Office mails out Johnson County tax statements

Advisor News

  • How smart investments prepare clients for inflation
  • Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
  • The biggest risk to your clients’ financial plans isn’t market volatility
  • Initiative looks at how caregiving impacts workplace benefits
  • Will rising retirement needs spark an annuity boom?
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Fortitude Re Completes $500 Million FABN Issuance
  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Annuity News

Health/Employee Benefits News

  • Final rules for Medicaid work requirements are out. Here's what you need to know.
  • Hyde-Smith blasts health care delays
  • WNY health insurers seek rate hikes of 9% to 24% for 2027
  • Healthcare now costs more than mortgages
  • Fairview won’t accept seniors with UnitedHealth Medicare Advantage plans next year
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
  • Fidelity Investments® to Expand Target Date Lineup With Launch of Guaranteed Income Solution
  • KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

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

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

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

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

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
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet