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Sep. 20, 2018 BrownfieldAgNews reports: Nebraska Farm Bureau has announced the formation of a new large group association health care plan for its farmer, rancher and agribusiness members. Officials say the new plan was created to lower health care costs and they hope to lower health insurance premiums, from the marketplace, by 25 percent. They say some farmers in Nebraska are currently paying as much as 25-thousand to 40-thousand dollars per year on health insurance premiums. Farm Bureau president Steve Nelson says the rising cost of health insurance has been challenging for many ag producers and agribusinesses. "When you see and hear from people who say that the cost of health care is a matter of whether they're successful on their farm or rancher-whether their business can move forward-and there's a risk that they go broke if they buy the health insurance that they need for their families, that's pretty serious to me," Nelson says. Another key aspect of the plan is that farmers and agribusinesses can offer it to their employees. Tom Schwarz of Bertrand, who has two full-time employees on his farm, says that's the part that excites him "We've had nothing to offer in agriculture when we go out and hire employees, The first question is always, 'What's the insurance?'. It's not 'How much are you going to pay me?'. It's 'Can I get health care-can I get medical for my family?'," Schwarz says. "That's the kind of questions we deal with and I think we finally have an answer to that. That's the exciting thing about this." Schwarz will serve as president of a farmer-led consortium which will manage the new plan. Insurance provider Medica will be the carrier for the new health plan. Tweet |
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