Using dispersion relations, we derive the complete virtual QED contributions to Bhabha scattering due to vacuum polarization effects. We apply our result to hadronic corrections and to heavy lepton and top quark loop insertions. We give the first complete estimate of their net numerical effects for both small and large angle scattering at typical beam energies of meson factories, the CERN Large Electron-Positron Collider, and the International Linear Collider. With a typical amount of 1-3 per mil they are of relevance for precision experiments.