What They're Not Telling You About Farm Bureau Health Plans
Put simply, ALFA is seeking legislation that would give them ability to deny coverage to anyone with a preexisting condition, something other health insurers are not permitted to do. Moreover, the legislation ALFA wants the legislature to pass would not require them to provide coverage for necessary services like primary care, prescription drugs, emergency service or maternal care - all coverages that are required under other insurance plans. ALFA's simple goal is to limit the people in their plan to younger healthy people - leaving those they deny left to pay more for the coverage that they desperately need.
In truth,
But competition means all those engaged must play by the same rules. What ALFA is seeking is the ability to play by a different set of rules from every other health insurer in the State, or more to the point, to be completely exempt from all the rules.
Currently, all legitimate health insurance plans are regulated by the
This debate is not truly about farmers. ALFA plans to make these plans available to all their "members" which includes anyone who has an ALFA automobile or homeowners' policy - or who pays the
Important services required under
More than 30 nonprofit organizations are opposed to FBHPs including the
Finally, under another law that would not apply to ALFA, all other health insurers in the individual market are required to spend at least 80 percent of the premiums they take in on medical care for their customers.
It is unfortunate that others have decided the only way to pass this legislation is to attack
We know Alabamians have a choice when it comes to choosing their health insurance carrier and we don't take that for granted. Our customer base is largely due to our longstanding "customer first" philosophy - treating our customers with compassion, urgency, and respect, and putting them at the center of everything we do. It's also the reason why so many people continue to choose, or return to,
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Best’s Market Segment Report: US Health Insurers Met Challenges in 2024 but Pressures Expected to Persist in 2025
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