Personal Insurance for Members

Gary W. Lonergan, Chair

The chief function of the Personal Insurance for Members Committee is to provide oversight of the VSB endorsed health, term life and disability income insurance plans.  The Virginia State Bar has endorsed such plans for more than fifty years.  With the help of the Broker-Administrator, the Virginia State Bar Members’ Insurance Center, the committee monitors the plans and the details of coverage offered.  The work of the committee and the administrator relieves attorneys of the time and expense of finding insurance products on their own.

The most popular component of the VSB insurance program is health insurance with Anthem.  The enrollment of VSB members, staff members and family members approximates 5,700.  Thanks to the endorsement by the VSB, people receive “Value Added Benefits,” or extra benefits at no extra cost from Anthem.  Another important feature of this VSB health insurance program is the ability to offer “sole proprietor” group coverage. An exception has been made for the VSB and several other professional associations. Ordinarily a minimum of two employees is required for group health insurance.

In order to enroll in the VSB/Anthem program the law firm or sole proprietor need to either work or live in the Anthem service area (west of Route 123).  Thus, no special health insurance program existed for law firms in northern Virginia until this year.  In 2013, our administrator, VSBMIC, began marketing a Coventry program whereby a 2-3% discount off of premium is realized by law firms with two or more employees in northern Virginia.

Approximately 650 people are covered by the VSB Group Term Life Plan and about 230 under the Group Disability Income Plan.  The Committee is pleased to report that the rates for both these plans did not increase this past year.  In fact, during the past 22 years VSB members have not seen an increase in either plan!  However, they have experienced several rate reductions.  Everyone  in the VSB Disability Plan received a six month 50% premium holiday (January-June 2013) thanks to the plan’s favorable claims experience.

Information about these VSB-endorsed insurance plans can be found at www.vsbmic.com.

I would like to express my appreciation to Vice Chair, Daniel Leigh Rosenthal, Pamela Conner Gavin, Ann Winskie Hill, Leslie Weber Hoffman, John Christopher LaGow, M. Janet Palmer, Carol Rosier Russek and Carol Joy Schrier-Polak, for their participation and commitment to the work of the committee.  I would also like to thank VSB Deputy Executive Director, Mary Yancey Spencer, for her advice and assistance to the committee.

Updated: Jul 01, 2014