Welcome Virginia Public Employers:
The Jefferson Health Plan (JHP) was established in 1985 under Ohio state laws which allow public entities to join together to effectively and efficiently stabilize and control health benefit plan costs. JHP provides economical health plan financing solutions, enabling its member organizations to safely and securely self-fund their employee health benefit programs.
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 over 35 years of proven underwriting practices, the buying power of more than 25,000 covered public employees, invested assets exceeding $200 million, and unique legislative advantages. In its over three and a half decades of operation, the Jefferson Health Plan has established a track record of success, innovation, fiscal responsibility and service to its membership.
Recognizing the value of demonstrated Jefferson Health Plan results, the Ohio legislature granted JHP express and exclusive authority to begin working with public entities in other states. JHP has grown to cover more than 180 school districts, cities, townships, community colleges, public libraries and other governmental entities throughout multiple states.
JHP has used this legislative authority to provide its valuable operating model to public entities in Tennessee, Michigan and now Virginia.
After receiving approval from the Virginia State Corporation Commission to begin operating in Virginia, JHP formed a partnership with Benefit Plan Administrators (BPA), the Virginia School Board Association’s preferred partner for health plans beginning on July 1, 2021.
The newly established partnership provides school systems and other public entities, industry leading cost-saving procedures, single monthly billing and 100% pass-through Rx rebates. The size and financial strength of JHP and the reporting analytics of BPA allows for the pooling of risk, which minimizes the premium increase received annually.
A hallmark of The Jefferson Health Plan model is maximizing flexibility and stability for its member groups. Member organizations retain ownership of claim reserves and may access excess reserves in accordance with their own funding strategy. JHP provides member organizations with detailed plan cost information, control of plan design(s) and the ability to make risk level determinations. The JHP and BPA partnership supports member organizations and their representatives with compliance, data, plan design pricing and complimentary cost-saving programs.
Please contact a BPA representative to learn more about the partnership. You can reach Dr. Jim Blevins at [email protected] or phone at 434-258-7220 or Paul LaPradd at [email protected] or phone at 540-520-7686.