What types of health insurance are available?

In Virginia, there are several types of health insurance available. The most common type is employer-sponsored health insurance. This means the employer pays a portion of the premiums for the employee’s health plan, and the employee pays the remaining portion. Another type of health insurance is individual health insurance. This type of insurance is bought directly from insurance companies and does not involve employers. The premiums for this type of insurance will depend on factors like age, occupation, health status, and other factors. There is also Medicaid, which is funded by the state and federal government and provides health insurance for low-income individuals and families. Lastly, there is Medicare, which is a federal health insurance program that provides coverage for individuals aged 65 and older, as well as some individuals with disabilities. In Virginia, Medicare is administered by the Centers for Medicare and Medicaid Services. Each type of health insurance has different benefits and coverage, so it is important to research the different options and decide which type is best for you and your family.

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