Purchase MEC for QSEHRA Plan

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

QSEHRA Guidelines and MEC

QSEHRA is the brand new, tax-efficient manner for small employers to supply well being advantages. In case your employer is providing you a QSEHRA, congrats! It might take a 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 enterprise medical health insurance choices that enables workers to get reimbursed for particular person well being premiums and medical bills (if allowed by the QSEHRA). Primarily, you are being handed a blank-check of pre-tax cash to spend on what you want.

Nonetheless, earlier than you’ll be able to take part in your employer’s QSEHRA, you could present proof of Minimal Important Protection (MEC). That is simple when you have a significant medical plan or are lined by your partner’s group plan–you most likely have already got MEC! However what if you want to make use of another plan like a sharing ministry, short-term plan, indemnity plan, or one other kind of plan? Most of these plans is not going to 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 may enable these plans to work with QSEHRA. MEC plans may also be a pleasant praise to sharing ministries, short-term, and different various plans by protecting preventive companies not usually lined by various plans.

→ Learn a consumer’s story of utilizing Medi-Share and QSEHRA with Take Command.

The place to purchase MEC for QSEHRA Plan

Necessary! The next distributors promote what’s known 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 is not going to shield you should you’re sick or injured and shouldn’t be thought-about insurance coverage. They may simply pay in your physicals, properly visits, immunizations, screenings, and different preventive wants (you’ll be able to see a full checklist of what they cowl right here) and nothing else. So please, be sure you’ve bought satisfactory protection to associate with these plans. We don’t endorse these plans, though some distributors are providing reductions to our members. You will want 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 Well being Plans presents a preventative MEC plan known as SelectMed that qualifies as MEC for QSEHRA. There are additionally three ranges of SelectMed plans accessible, and you’ll learn via the advantages in every tier on pages 4 and 5 of their brochure right here. Pricing varies based mostly 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

	SelectMed Professional	SelectMed Max
Particular person	$157.74	$238.08
Particular person + Partner	$233.97	$398.97
Particular person + Baby	$225.11	$409.19
Household	$300.57	$599.27

The essential plan covers simply your preventative & wellness companies. The upper tiers start so as to add in some fundamental advantages for specialists, remedy of accidents, prescriptions, psychological well being, MRIs, and so forth. Remember to learn up on every plan, and the constraints on the advantages, to be sure you know what each covers.

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

To enroll, you’ll be able to attain out on to Lynne Timm, LUTCF, insurance coverage advisor, at North American Well being Plans, at [email protected] or 214-762-4247. Lynne may also aid you analysis to search out your docs, and assist you determine what plan is greatest for you.