A State Qualified Health Plan Issuer Contract — Covered Plan is a type of health insurance plan that is offered by an insurance company that has been approved by a state government. This type of plan provides health insurance coverage to individuals and families who meet certain eligibility requirements. Typically, the coverage includes hospitalization, physician visits, prescription drugs, mental health care, and preventive care. There are three types of State Qualified Health Plan Issuer Contract — Covered Plans: Qualified Health Plans, Non-Qualified Health Plans, and Basic Health Plans. Qualified Health Plans are offered through the Health Insurance Marketplace and are subject to federal regulations. Non-Qualified Health Plans are designed for individuals who do not qualify for or cannot afford Qualified Health Plans. Basic Health Plans are offered to low-income individuals and families who do not qualify for Medicaid.