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IFB offers Medicare supplement plans as new benefit

Indiana Farm Bureau has joined with a fellow Farm Bureau company to launch a new program for members. Through an agreement with Members Health Insurance Company, Medicare supplement plans are now being offered to IFB members.

MHI is an affiliate of the health organization that serves members of the Tennessee Farm Bureau, the largest Farm Bureau in the nation.

“This is a program two years in the making because we do not give our stamp of approval lightly,” said Don Villwock, IFB president. “But with their experience in the Medicare supplement business and commitment to Farm Bureau, it makes this program worthy of our endorsement. It can save many of our senior members considerable money while also helping us grow membership.”

The program is possible partly because supplement plans – which help Medicare beneficiaries pay costs not covered by Medicare – are standardized. The various plans have identical benefits, so the difference between plans offered by one company and those of another is the rate.

MHI rates for IFB members are so affordable that in many cases individuals could save enough in one month to pay their annual Farm Bureau membership dues. For example, MHI’s 2012 rate for Plan F, its most popular plan, is $100 per month for a 65-year-old.

“Indiana members who are on Medicare, or soon will be, really should compare these rates to other Medicare supplement rates in Indiana,” said Anthony Kimbrough, MHI vice president of marketing. “All it takes is a quick call to one of our customer service specialists to see how much money you might be able to save.”

Talk today with an MHI customer service specialist at 1-888-708-0123 (Monday thru Friday, 7 a.m.-5 p.m., CST) or visit their website at mhinsurance.com.

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