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If you have original Medicare or a Medicare Supplement plan, you may need extra coverage to help with the high cost of prescription drugs. Farm Bureau Health Plans offers two affordable Medicare Part D plans that are available in every county in Tennessee: Farm Bureau Essential Rx and Farm Bureau Select Rx.
Find a plan:
Farm Bureau Health Plans currently offers two Medicare Part D Prescription Drug Plans.
The Farm Bureau Select Rx Plan and the Farm Bureau Essential Rx Plan are both prescription drug plans approved by Medicare. We offer Tennesseans a large network of pharmacies at prices negotiated for you for your prescription drugs. There are slight differences between the two plans.
Farm Bureau Essential Rx |
Farm Bureau Select Rx |
|
Monthly Premium |
$37.10 |
$76.70 |
Deductible |
$545 |
$0 |
Farm Bureau Essential Rx |
Farm Bureau Select Rx |
|
Monthly Premium |
$85.40 |
$97.20 |
Deductible |
$505 |
$0 |
Farm Bureau Health Plans is proud to offer two Medicare Part D prescription drug plans at an affordable cost.
Get started by calling 1-844-368-8738 (TTY 711)
Click below to find a plan for:
Medicare Part D plans help to cover the high cost of prescription drugs for people with Medicare. Prescription drugs are typically not covered by Medicare Parts A and B, so a Part D plan can provide peace of mind for those who want to protect their savings.
Farm Bureau Health Plans is a private plan provider that is contracted with Medicare to offer this benefit to members in Tennessee. It’s important to note that unlike Medicare Supplement Plans, Part D plans can vary significantly in terms of their cost, copays, drug tiers, and by which drugs are covered. Watch the video below to learn how FBHP can help you determine the best plan coverage for your unique needs.
Even if you’re a healthy person with a healthy lifestyle, illnesses and accidents are facts of life, and the medications you may need to treat unexpected medical events can be expensive. If you’re already covered by Medicare Part A and/or Part B, you’re eligible for (and there’s a good chance you’ll need) Medicare Part D—a unique and specific four-stage add-on to your regular Medicare coverage.
Also known as prescription drug coverage, Medicare Part D plans require monthly premiums but offer additional coverage not provided by Medicare or supplement plans.
Click here for more information about Part D coverage stages.
Medicare Part D plans are designed to help pay for prescription drugs. Each plan maintains a formulary, which is a list of covered drugs that includes both generic and brand drugs. All plans are required to offer at least two drugs in each therapeutic class as well as many illness-preventing vaccines. For more information on Part D drugs covered by Farm Bureau Health Plans, click here.
If you’re nearing Medicare eligibility (age 65), remember that if you don’t sign up for a Medicare Part D prescription drug plan when you’re first eligible for Medicare, you could be on the hook for a much more expensive monthly penalty for late enrollment (for life). Plan ahead, but take your time and shop around until you find a Medicare drug plan that fits your needs.
Available in every county in Tennessee, Farm Bureau Health Plans offers two Medicare Part D prescription drug plans (PDPs) that provide added layers of protection from the high cost of prescription drugs.
Medicare Part D benefits are not available to everyone. To be eligible, you must:
Click here to learn more about Part D eligibility.
Even if you’re not currently taking medications, the best way to avoid costly, lifetime late-enrollment penalties in the future is to enroll in Medicare Part D as soon as you’re eligible for Medicare.
The time of year you choose to sign up for Medicare Part D is important and can impact both costs and eligibility. The seven months of enrollment eligibility around your 65th birthday apply to Parts A and B as well as Part D. However, there are a few windows of opportunity for making changes, as follows:
Medicare Initial Enrollment Period (IEP)
You can enroll in a Part D plan when you are first eligible for Medicare. The Initial Enrollment Period is a 7-month period that includes the three months before you turn age 65, the month you turn age 65, and the 3 months after you turn age 65.
Medicare Annual Enrollment Period (AEP)
You can enroll in, cancel, or change your prescription drug plan during the AEP, which is each year from October 15 to December 7.
Medicare Advantage Open Enrollment Period (OEP)
If you are currently enrolled in a Medicare Advantage plan you can switch to another Medicare Advantage plan with or without drug coverage, or choose to enroll in Original Medicare. These changes may allow you to select a Prescription Drug plan. This period is January 1 to March 31 each year.
Special Enrollment Period (SEP)
You can enroll in a prescription drug plan if you qualify for an SEP. You may qualify for an SEP if you have certain life events or if you are eligible for Extra Help with your prescription costs. Click here to learn more about when SEP applies.
Shop at your own speed with our online tools to compare plans, costs, and coverage. Click the link below to learn more and get the rates for your area.
Licensed Farm Bureau Health Plans specialists are ready to help you find a plan that works for you.
Call 844-368-8738 (TTY 711)
Oct. 1 – Mar. 31, 8 a.m. - 8 p.m., 7 days/week
Apr. 1 – Sept. 30, 8 a.m. - 8 p.m., Monday - Friday