INFB Health Plans Provide Affordable, Reliable Health Care

 

St. Joseph County small business saved $150,000 annually by switching to health care offering.

Indiana Farm Bureau Health Plans, a suite of more affordable health care offerings, announced it has more than 9,100 enrolled plans to-date, providing health coverage to more than 14,400 Hoosiers amid price hikes from many marketplace insurers.

INFB Health Plans offer traditional health plans for both individuals and families, dental and vision plans, and Medicare Supplement Insurance plans as an INFB member benefit. The plans offer a wide availability of nationwide in-network providers via UnitedHealthcare.

On average, a plan offered through INFB Health Plans can provide savings of $200 to $500 a month for families when compared to Affordable Care Act plans that aren’t subsidized by the federal government.

The fourth quarter of each year is open enrollment time for most employers and Affordable Care Act plans. Existing INFB members may apply for and receive coverage through INFB Health Plans anytime during the year, but Q4 is a good time for them to assess their health care options.

“As individuals and families evaluate their health benefits, they are seeing premium increases across the board,” said Steve Allen, INFB Health Plans executive director. “INFB Health Plans are an affordable option not only for farmers and agriculture professionals, but also for folks outside of the agriculture space who are looking for an additional option to the current health care marketplace for themselves, their dependents or their small business.”

Builders Iron Works, which is a specialty contractor based in Mishawaka, Ind., focusing on structural steel fabrication and commercial/industrial construction, recently switched to INFB Health Plans because it offered significant savings compared to their previous open-market group plan.

“Earlier this year, I met with the company to do a simple policy review since they were existing clients,” said Andrew Welling, an Indiana Farm Bureau Insurance agency owner in St. Joseph County. “I mentioned in passing that we offer health plans if they would be interested in a quote. Their eyes lit up as they had been recently considering a switch. They are now saving about $150,000 a year while providing their employees better coverage.”

INFB Health Plans are an option for small businesses with 50 employees or less looking to provide reliable, quality healthcare to their employees.

Existing INFB members may apply for INFB Health Plans at any time, however, membership is required prior to applying for coverage, and individuals must be a member of INFB for at least 30 days to apply for a Traditional Health Plan or a dental/vision plan. Medicare Supplement Insurance Plans do not require the 30-day waiting period. Coverage is statewide and plans are portable anywhere a member may live in Indiana, with no defined service area.

To learn more about INFB Health Plans and apply for coverage, please visit www.INFBhealthplans.com.