Buy MEC for QSEHRA Plan

Up to date with 2024 pricing: Want MEC on your QSEHRA plan that meets QSEHRA necessities and QSEHRA guidelines? This is a round-up of your finest choices for MEC plans for QSEHRA (Certified Small Employer HRA).

QSEHRA Guidelines and MEC

QSEHRA is the brand new, tax-efficient method for small employers to supply well being advantages. In case your employer is providing you a QSEHRA, congrats! It could take a little bit bit to get the dangle of, however we wager you will shortly study to find it irresistible. It is the one setup amongst small business health insurance options that permits staff to get reimbursed for particular person well being premiums and medical bills (if allowed by the QSEHRA). Basically, you are being handed a blank-check of pre-tax cash to spend on what you want. 

Nonetheless, earlier than you may take part in your employer’s QSEHRA, you need to present proof of Minimal Important Protection (MEC). That is simple you probably have a significant medical plan or are coated by your partner’s group plan–you in all probability have already got MEC! However what if you want to make use of an alternate plan like a sharing ministry, short-term plan, indemnity plan, or one other sort of plan? A majority of these plans won’t meet the MEC requirement on their very own. The excellent news is there are alternatives to buy MEC for your self and your loved ones that can permit these plans to work with QSEHRA. MEC plans will also be a pleasant praise to sharing ministries, short-term, and different different plans by masking preventive companies not sometimes coated by different plans.

→ Read a client’s story of using Medi-Share and QSEHRA with Take Command.

The place to purchase MEC for QSEHRA Plan

Essential! The next distributors promote what’s referred to as P-MEC or “Preventive-Solely MEC”. These plans meet the MEC necessities by offering 100% of your and your households preventive care. These plans won’t shield you if you happen to’re sick or injured and shouldn’t be thought of insurance coverage. They may simply pay on your physicals, nicely visits, immunizations, screenings, and different preventive wants (you can see a full list of what they cover here) and nothing else. So please, be sure to’ve bought enough protection to associate with these plans. We don’t endorse these plans, though some distributors are providing reductions to our members. You will have to finish any purposes with these distributors by yourself. We merely are offering an inventory for you. Right here you go!

North American Well being Plans

North American Health Plans provides a preventative MEC plan referred to as SelectMed that qualifies as MEC for QSEHRA. There are additionally three ranges of SelectMed plans obtainable, and you’ll learn by way of the advantages in every tier on pages 4 and 5 of their brochure here. Pricing varies primarily based on the tier (as does extent of protection).

Right here is an outline of their month-to-month plan pricing. 

North American Well being Plan Month-to-month Premiums 

The essential plan covers simply your preventative & wellness companies. The upper tiers start so as to add in some primary advantages for specialists, remedy of accidents, prescriptions, psychological well being, MRIs, and so on. You’ll want to learn up on every plan, and the constraints on the advantages, to be sure to know what every one covers.

This MEC plan will not be obtainable in Alaska, Hawaii, Massachusetts, and New Hampshire.

To enroll, you may attain out on to Lynne Timm, LUTCF, insurance coverage advisor, at North American Well being Plans, at lynnetimm214@gmail.com or 214-762-4247.  Lynne may also show you how to analysis to search out your docs, and assist you determine what plan is finest for you.

Need assistance discovering MEC for QSEHRA? 

We’re right here to assist! Simply chat with us in the precise hand nook of your display screen. We would be happy that will help you. 

This put up was initially revealed in 2018 and has been up to date with new data and insights for 2023.