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Nebraska Farm Bureau introduces new health insurance plans to reduce health care costs for individuals
Colorado

Nebraska Farm Bureau introduces new health insurance plans to reduce health care costs for individuals

Lowering health insurance costs for individuals and families in Nebraska is a high priority for the Nebraska Farm Bureau (NEFB). That’s why the NEFB has introduced a new product, the Nebraska Farm Bureau Health Plans, that could significantly reduce health insurance costs for all Nebraskans.

“We’ve done surveys and 80% of our people have said over the last few years that health care costs are one of their biggest concerns,” said Mark McHargue, president of the Nebraska Farm Bureau.

“Farm Bureau is a solutions-oriented company, so we partnered with Tennessee Farm Bureau to develop a product that provides a health insurance plan that reduces health care costs by 30 to 50 percent,” McHargue said.

The Nebraska Farm Bureau worked to pass LB 1313 during the last legislative session. The bill allows for the sponsorship of health insurance plans by certain nonprofit agricultural organizations, such as the Nebraska Farm Bureau. These plans are not considered insurance, but are medically reviewed and individually evaluated, allowing them to be offered at significant savings compared to ACA marketplace plans.

McHargue told NTV News that the plan will begin on October 1 and take effect on January 1, 2025.

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