Welcome Virginia Public Employers:
The Jefferson Health Plan (JHP) was established in 1985 to empower political subdivisions, including school divisions, to join together to effectively and efficiently stabilize and control health benefit plan costs. JHP is an Ohio domiciled public entity that exists to serve other governments. JHP provides innovative, economical health plan financing solutions, enabling its member organizations to safely and securely self-fund their employee health benefit programs, without sacrificing quality, transparency, or flexibility.
As a public entity, JHP understands the unique needs of our member groups. JHP operates without the encumbrances of a bottom line or share-holder profit margins. JHP’s primary responsibility is to its member organizations.
JHP mitigates many of the challenges that public employers encounter in the self-funded marketplace by leveraging almost 40 years of proven underwriting practices, the buying power of more than 28,000 covered public employees, invested assets exceeding $220 million, and unique legislative advantages (including satisfying procurement requirements, without needing a formal RFP). In its nearly four decades of operation, the Jefferson Health Plan has established a track record of stability, success, fiscal responsibility, and service to its membership.
Recognizing the value of demonstrated Jefferson Health Plan results, Ohio’s legislature granted JHP express and exclusive authority to begin working with public entities in other states. JHP has grown to cover more than 235 public schools, counties, cities, and other governmental entities throughout multiple states. Upon receiving approval from the Virginia State Corporation Commission, the Jefferson Health Plan began operating in Virginia in 2021.
The Jefferson Health Plan provides Virginia school divisions and other Virginia public entities with industry leading, cost-saving vendors and programs, member-owned reserve accounts, single monthly billing for all costs, pass-through Rx rebates, professional financial management, and countless other benefits. JHP’s size, financial strength and transparency enable its members to experience greater self-insurance stability, minimizing the risk of premium volatility and budgetary surprises.
A hallmark of the Jefferson Health Plan model is to maximize flexibility for its member groups. Member organizations retain ownership of claim reserves and may access excess reserves in accordance with their individual funding strategy once actuarial minimums are satisfied. JHP provides member organizations with detailed plan cost information, audited monthly financial statements, control of plan design(s) and the ability to make risk level determinations. JHP is completely transparent. JHP supports member organizations and their designated health plan professionals with compliance, data, plan design pricing, and cost-saving programs.