New Health Benefit Program for Nebraska Farmers and Ranchers: Affordable Access to Medical Care with LB1313

Nebraska farmers and ranchers may soon have access to more affordable health benefits, thanks to a bill that was recently passed by lawmakers. Sponsored by Sen. Robert Dover of Norfolk, LB1313 allows health benefit plans sponsored by certain nonprofit agricultural organizations to operate without being subject to insurance regulation if they provide benefits through a self-funded arrangement administered by a licensed third-party administrator.

To be eligible for this program, an organization must have been established primarily to promote programs for the development of rural communities and the economic stability of Nebraska farmers, as well as meet several other requirements laid out in the bill. Before offering health benefits, an organization must submit a certification to the state Department of Insurance confirming that it meets these requirements.

One of the key features of LB1313 is that plans may have their risks reinsured by a company authorized to do business in Nebraska. This provision is designed to help reduce the financial burden on participating organizations and ensure that they can offer affordable health benefits to their members.

The bill ultimately passed with a unanimous vote of 45-0, providing hope for improved access to affordable health benefits for agricultural workers in the state. With LB1313 now in effect, Nebraska farmers and ranchers will have more options when it comes to protecting their health and well-being.