Land O’Lakes Inc. and Gravie will expand their Farmer Health Insurance Plan in next year in Minnesota.
When a law was passed in Minnesota last year allowing agricultural co-op members to band together to purchase group health benefits, Land O’Lakes partnered with Gravie, a Minneapolis-based benefits marketplace, to design a health plan exclusively for farmer-owned co-op members.
Last year, a select group of Minnesota co-ops piloted the program, which resulted in hundreds of farmers and their families enrolling in coverage and on average, saving 10 to 20 percent.
Due to its success, the program is expanding. In Minnesota, the number of participating co-ops is growing by over 60 percent, and in 2019, eligible co-op members and their employees will be able to take advantage of the program. Additionally, Land O’ Lakes Inc. and Gravie are actively working to expand the program to other states, resulting in relief from high health insurance prices for farmers across the country.
Source: Land O’Lakes, Gravie
Topics Agribusiness
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