Page 13 - Farm Bureau Health Plans Annal Report 2020
P. 13

FARM BUREAU HEALTH PLANS



        Who We Are


           FROM OUR RATHER MODEST BEGINNINGS IN 1947 OFFERING BASIC HOSPITAL PLANS TO FARM
           BUREAU MEMBERS, FARM BUREAU HEALTH PLANS LOOKS MARKEDLY DIFFERENT 73 YEARS LATER.
           THE MEMBERSHIP-BASED SERVICE ORGANIZATION IS NOW THE PARENT COMPANY OF A DIVERSE
           OPERATION INCLUDING THREE SUBSIDIARY COMPANIES.


                                     FARM BUREAU HEALTH PLANS (FBHP) Officially known as Tennessee Rural Health
                                     Improvement Association, FBHP is the parent company of our organization with
                                     a proud heritage as a service company of the Tennessee Farm Bureau Federation.
                                     Farm Bureau Health Plans is a not-for-profit taxable entity. Included within its record
                                     of business are 38,700 under-age-65 contracts for individual and family health plans
                                     (including approximately 1,900 short-term), 560 non-standardized over-65 plans,
                                     more than 8,900 DentalVision and close to 10,600 dental contracts.


                                     FARM BUREAU HEALTH PLANS GROUP SERVICES Established in 1993, FBHP Group
                                     Services markets employer-based group plans for health, dental, vision and other
                                     employee benefits. It brokers plans through major carriers who carry the risk on
                                     the business. FBHP Group Services has more than 200 small group plans enrolled
                                     representing almost 1,250 employees and their families.
                                                          TRH
                                                                                    HEALTH INSURANCE CO.
                                     TRH HEALTH INSURANCE CO. (TRHH) Incorporated in 1999, TRHH is a licensed
                                     insurance company authorized to write business in Tennessee. Since that time, it
                                     has administered health coverage for employees of the Tennessee Farm Bureau and
                                                                               HEALTH INSURANCE  CO.
                                                                                                 HEALTH INSURANCE  CO.
                                                                                        HEALTH INSURANCE  CO.
                                                                    HEALTH INSURANCE CO.
                                                         HEALTH INSURANCE CO.
                                     its various service companies. TRHH also includes more than 14,000 “grandfathered”
               HEALTH   INSURANCE   CO.
                                     under 65 contracts and more than 63,500 Medicare Supplement contracts.
                                                                    HEALTH  INSURANCE  CO.
                                                         HEALTH INSURANCE  CO.
                                                                                  HEALTH INSURANCE CO.  HEALTH INSURANCE  CO.
                                     MEMBERS HEALTH INSURANCE CO. (MHI) Founded in 2009, MHI is a licensed
                                                                    HEALTH INSURANCE  CO.
                                     insurance company – authorized to write business in 29 jurisdictions – whose
                                                         HEALTH  INSURANCE  CO.
                                                                                               HEALTH INSURANCE  CO.
                                                                                   HEALTH  INSURANCE  CO.
                                     primary mission is to help other state Farm Bureau organizations market health
                                     plans. MHI has forged partnerships with the Farm Bureaus in Kansas, Michigan,
                                                                    HEALTH   INSURANCE   CO.
                                                         HEALTH  INSURANCE  CO.
                                     Oklahoma and, most recently in 2020 has expanded its partnership with the Indiana
                                     Farm Bureau.  Additionally, close to 4,500 Part D contracts have been added to the
                                     MHI portfolio as of the end of 2020 with those subscribers residing in Tennessee and
                                     Alabama.                                                                                            11
                                                                                            the box and layout remain similar to the original logo.
                                                                    1. Original TRH letters. Contains elements of the   HEALTH  INSURANCE  CO.  4. New typeface for TRH and Health Insurance Co., but
                                                          HEALTH   INSURANCE  CO.  Farm Bureau logo including an italic font, a line
                                                                    dividing primary and secondary copy and all the
                                                                    information being contained in the box.
                                                                                  HEALTH INSURANCE  CO.  5. New typeface for TRH and Health Insurance
                                                                                            Co., but the box contains all of the information.
                                                          HEALTH INSURANCE CO.  2. Original TRH letters and frame. New
                                                                    typeface for “Health Insurance Co.”
                                                                    3. Original TRH letters with a refreshed   HEALTH INSURANCE  CO.  HEALTH   INSURANCE
                                                          HEALTH INSURANCE  CO.  and more modern frame. New typeface
                                                                    for “Health Insurance Co.”
                                                                                  6A. New typeface for TRH and Health Insurance   6B. New typeface for TRH and Health Insurance, with a
                                                                                  Co., with a refreshed and more modern frame.  refreshed and more modern frame. “Co.” is dropped.
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