Farm Bureau Medicare Supplement Plans, Tennessee
This page contains editorial content that is not endorsed or approved by Farm Bureau Health Plans[2]. This is not a solicitation of insurance.
| MedicareWire Rating: | |
|---|---|
| A.M. Best Rating: | |
| A.M. Best Outlook: | |
| S&P Rating: | |
| Established: | 2012 |
| NAIC Number: | 89005 |
| Policy Fee: | $25.00 |
Which Supplemental Medicare Plans Does Farm Bureau Offer in Tennessee?
Farm Bureau Health Plans sells 8 Medicare supplements in Tennessee. Each lettered plan pays Medicare benefits differently (see comparison chart or check out our review). Here they are at a glance:
Attained Age Rated Medigap Plans: With this plan rating type your monthly premium is based on your current age. As you age your premium will increase. As an example, if you enroll in a Medigap policy at age 65 with a premium of $120, it may increase to $138 when you turn 69, and $162 at age 72. Also, Attained Age rated plans may increase with inflation.
Call 1-855-728-0510 (TTY 711) for plan assistance.
If you qualify for Medicare and don't know where to start, MedicareEnrollment.com, an independent HealthCompare insurance broker, has licensed agents who can help you with your Medicare enrollment options.
Farm Bureau Medigap Plan Benefits Comparison Chart
The following table shows the coverage benefits you get with of each Medicare supplemental plan offered by Farm Bureau:
REVIEW: Farm Bureau Medicare Supplements in Tennessee
Farm Bureau scored 3.5 out of 5.0 based on our scoring method. Farm Bureau has a good Plan F premium (top 10), and they have only serviced Medicare Supplements for 8 years, and their A.M. Best financial rating is substandard or unknown. We also subtracted points because they charge a policy fee. As a result, this is not a Medigap carrier that we recommend for Tennessee seniors. See the top 10 competition.
Here are the pros and cons from our analysis:
Pros
- The lowest Plan F premium.
Cons
- Less than 10 years in the Medicare Supplements business.
- Does not offer Medicare SELECT plans.
- Does not offer the 5 most popular plans.
- Charges a fee to write the policy.
About This Review
We reviewed Farm Bureau's Medicare supplement plan offering in Tennessee versus all other insurance carriers in the state. Our review is unbiased. We use a formula that looks at years in business, A.M. Best financial strength rating, plans serviced, plan premiums and fees. We do not take into account rate increase history. Our goal is to present information accurately and without bias, based on our interpretation of factual information about each carrier.
Competition vs. Farm Bureau Plan F
Medigap Plan F is the best selling plan sold in Tennessee. Below you can compare Farm Bureau's starting rate on Plan F vs. their top ten competitors.
Contact Farm Bureau Medigap Sales
For more information about this Medicare Supplement carrier, and other plans on this site, call 1-855-728-0510 (TTY 711). You may also start your Medicare Supplement enrollment online. You can contact the plan directly at:
For assistance 24 hours a day, call 800-633-4227. TTY users should call 877-486-2048 or visit www.medicare.gov. If you qualify for Medicare but have not yet enrolled or verified your enrollment status, you can do so on the Social Security Administration website.
Eligibility
Farm Bureau Medigap plans are available to all Tennessee Medicare beneficiaries, ages 65 and older, who have enrolled in Medicare Part A and Medicare Part B.
If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by Farm Bureau. Once issued, your Medicare Supplement policy can't be canceled. And, it will automatically renew for as long as you continue to pay the premiums and make no material misrepresentations.
Before choosing a Medicare Supplement carrier, be sure to get the Farm Bureau Medigap rate increase history in Tennessee. The lowest rate now may not be the lowest rate in the future.
Availability
Farm Bureau services Medicare supplement insurance in Nashville, Murfreesboro, Memphis, Knoxville, Chattanooga, Clarksville, Jackson, Johnson City, Franklin, Hendersonville, Kingsport, and most other Tennessee cities.
Related Medicare Supplement Insurance Topics
- Do I really Need Supplemental Insurance with Medicare??
- Is Medicare Plan G Better Than Plan F?
- What is the Average Cost of Supplemental Insurance for Seniors?
On this page our goal is to help consumers: Compare Farm Bureau Medigap plans in Tennessee with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?