Health Insurance in Virginia

According to the ranking provided by the United Health Foundation in 2009, Virginia was placed at the 21st spot among the 50 healthiest states of the US. It goes without saying that there are lots of concerns related to health insurance; however, with certain measures being implemented, the state is trying to become healthier as compared to others.There are lots of private insurers in Virginia providing various types of health insurance plans to the residents. Aetna, American National, Anthem, Blue Cross and Blue Shield, Assurant, CareFirst Blue Cross Blue Shield, Celtic, Golden Rule, Great American, Humana One, IAC, Kaiser Permanente, Patriot Health, Solera Dental, and UniCare are some of these. Apart from private insurers, there are many government-sponsored programs that provide various options for healthcare cover.Health insurance plans can be categorized in two broad categories: indemnity plans and managed care plans. Indemnity plans have a set monthly premium and the consumers have choice of picking up a healthcare provider. Managed care programs have certain limitations on the choice of providers.Types of health insurance plans in VirginiaAs usual, health insurance plans in Virginia are offered to the residents in traditional format. These could be classified as:1.    Individual health insurance2.    Family health insurance3.    Group health insurance4.    Student health insurance5.    Dental health insurance6.    Speciality insurance plans7.    Health insurance for consumers with disabilitySpecial types of health insurance in VirginiaDisease specific health insurance plans are quite popular among the consumers. These types of plans are categorized in special type of health insurance—they provide coverage for a particular disease, say cancer for example. It is obvious that the benefits accrued from these types of insurance plans are limited per-day amounts or to a one-time payment. Consumers should understand that speciality health insurance plans can’t replace the regular health insurance coverage but only supplement it for a particular disease. Another kind of speciality health insurance plans is High Deductible Health Plan (HDHPs)—these health insurance plans involve a high amount of deductibles, which automatically lowers the monthly premiums paid by the consumers. Often, if consumers are enjoying good health status, these types of plans are recommended. Health Savings Accounts (HSAs) are unique saving accounts where consumers can deposit money to use it later for healthcare needs. The beauty is that consumers are offered tax benefits for these accounts—so, the benefit is double.