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Home
 > Retirees
 > Insurance in Retirement
 > Health Insurance Credit

Health Insurance Credit

The health insurance credit provides you with a reimbursement to assist with the cost of your health insurance premiums.

The credit is a dollar amount set by the General Assembly for each year of service and is added to your monthly retirement benefit. It ends upon your death and cannot exceed the amount of your individual health insurance premium.

Eligibility Requirements

Note: If you have at least 15 years of service as a teacher, school administrator, school board employee or state employee, and retire from a political subdivision that does not offer the health insurance credit, you are eligible for the health insurance credit based on your years of service.

Qualifying Health Plans

Individual health plans; coverage as a dependent on a spouse's plan; employer-sponsored health plans, including the Commonwealth of Virginia Health Benefits Program; Medicare Part B; and dental, vision and prescription drug plans including Medicare Part D are eligible. Other types of plans for specific conditions or coverage are not eligible.

Applying for the Health Insurance Credit

If VRS is deducting your health insurance premium from your benefit, you do not need to apply for the health insurance credit. If VRS is not deducting your health insurance premium or you have eligible health insurance coverage in addition to your employer-sponsored coverage, complete and send the Request for Health Insurance Credit VRS-45 to VRS. The credit will be added to your monthly retirement benefit. If you do not receive a monthly benefit, you will receive a check from VRS for the reimbursable amount.

Filling out the VRS-45 tutorial flash icon

If you are on long-term disability through the Virginia Sickness and Disability Program (VSDP), obtain the form from Reed Group, the VSDP third-party administrator. The credit will be added to your long-term disability benefit.

Reed Group, 1-877-928-7021

Report Health Insurance Coverage Changes

Report the following coverage changes to VRS by completing a new Request for Health Insurance Credit VRS-45:

If your health insurance premiums are deducted from your retirement benefit, you do not need to complete a VRS-45 notifying VRS of a premium increase.

If you are on long-term disability through the Virginia Sickness and Disability Program or the Virginia Local Disability Program, obtain the form from Reed Group, the VSDP third-party administrator. The form should be returned to Reed Group.

For more information, call Reed Group at 1-877-928-7021.

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