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Farm Bureau Health Plans

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Medicare.gov Resources

Medicare.gov Medicare Complaint Form Medicare Prescription Drug Coverage Determinations Best Available Evidence for Low-Income Subsidy

We've Got

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★★★½ Plan

Farm Bureau Health Plans' Medicare Part D plan is now a ★★★½ plan!

FBHP currently offers two Medicare Part D Prescription Drug Plans:

2022 Quick Plan Compare
Farm Bureau Essential Rx
Farm Bureau Select Rx
Monthly Premium
$88.40
$100.20
Deductible
$480
$0
Preferred Network Pharmacy: Kroger, Walmart and Mail Order
Farm Bureau Essential Rx
Farm Bureau Select Rx
(30-Day & 90-Day)
(30-Day & 90-Day)
Tier 1
No Preferred Pharmacy
$1 / $3
Tier 2
No Preferred Pharmacy
$6 / $18
Tier 3
No Preferred Pharmacy
$40 / $120
Tier 4
No Preferred Pharmacy
45% of drug cost
Tier 5
No Preferred Pharmacy
33% of drug cost
Standard Network Pharmacy
Farm Bureau Essential Rx
Farm Bureau Select Rx
(30-Day & 90-Day)
(30-Day & 90-Day)
Tier 1
$3 / $9
$10 / $30
Tier 2
$9 / $27
$15 / $45
Tier 3
$47 / $141
$47 / $141
Tier 4
50% of drug cost
50% of drug cost
Tier 5
25% of drug cost
33% of drug cost

Farm Bureau Select Rx

2022 Coverage

Farm Bureau Essential Rx

2022 Coverage

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)

What is Part D?

How do Medicare Part D plans work?

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.

What is covered by Medicare Part D?

Medicare Part D plans are designed to help pay for prescription drugs, primarily in the categories of antidepressants, antipsychotics, anticonvulsants, immunosuppressants, anti-cancer medications, and HIV/AIDS drugs. Each plan maintains a formulary and is required to offer at least two drugs in each therapeutic class, as well as many illness-preventing vaccines.

For more information on covered drugs 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.

What Medicare Part D plans do we offer?

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.

Who is eligible for Medicare Part D?

Medicare Part D benefits are not available to everyone. Only Medicare beneficiaries with Part A and/or Part B coverage, who live in the service area of the plan they wish to join, are eligible.

Click here to learn more about eligibility.

When should I sign up for Medicare Part D?

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 framing your 65th birthday (as discussed in the answer to the previous question above) apply to Parts A and B, as well as Part D. However, there are a few windows of opportunity for making changes, as follows:

October 15 – December 7
During this Annual Enrollment Period (AEP), people may join a new plan or switch from traditional Medicare to Medicare Advantage plans. Their new drug coverage will begin on the first day of the following year. If your plan isn’t rated 5-stars, now is the time to switch to one.

January 1 – March 31
During this Medicare Advantage Open Enrollment Period (OEP), a person can leave a Medicare Advantage plan and enroll in a Medicare Part D plan alongside traditional Medicare.

Special Enrollment Period
During a Special Enrollment Period (SEP), people can sign up for Medicare Part D plans. Reasons for entering SEPs include moving out of a coverage area or entering a nursing home.

December 8 – November 30 of the following year
During this one-time SEP, a person can choose to join a plan with a 5-star rating from Medicare.