Farm Bureau Financial Services offers individual and group health insurance plans as well as Medicare supplemental insurance and Part D prescription drug coverage, according to the corporate website. It also offers disability coverage and long-term care insurance policies.
Farm Bureau's individual health plan is available in four levels of coverage, states the company website. Each level offers similar benefits but varies in the amounts of the copays, co-insurance and deductibles. The amount of the monthly premiums also varies depending on factors such as age, location, number of people covered and the local provider network. Its group health plans are available for both large and small businesses but vary according to state of residence. For people age 65 or older, Medicare supplemental coverage and Part D insurance are available to help fills the gaps in their existing coverage.
Farm Bureau offers long-term care insurance for those who may not qualify for Medicaid or Medicare and wish to protect their assets. It is necessary to purchase this form of insurance before it is needed, warns Farm Bureau. The younger a person is, the lower his premiums are and the less likelihood there is of becoming uninsurable. There is also a disability income insurance plan that provides a monthly income in the event of a person being unable to work due to injury or illness.