Up to date with 2024 pricing: Want MEC in your QSEHRA plan that meets QSEHRA necessities and QSEHRA guidelines? This 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 method for small employers to supply well being advantages. In case your employer is providing you a QSEHRA, congrats! It could take just a little bit to get the dangle of, however we wager you may shortly be taught to adore it. It is the one setup amongst small enterprise medical insurance choices that enables staff 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 may take part in your employer’s QSEHRA, you should 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 need to make use of another plan like a sharing ministry, short-term plan, indemnity plan, or one other kind of plan? These kinds of 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 may also be a pleasant praise to sharing ministries, short-term, and different various plans by overlaying preventive providers not sometimes coated 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

Vital! 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 won’t shield you in case you’re sick or injured and shouldn’t be thought-about insurance coverage. They’ll simply pay in your physicals, properly visits, immunizations, screenings, and different preventive wants (you may see a full record of what they cowl right here) and nothing else. So please, be sure you’ve bought ample 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 a listing for you. Right here you go!

North American Well being Plans

North American Well being Plans gives a preventative MEC plan known as SelectMed that qualifies as MEC for QSEHRA. There are additionally three ranges of SelectMed plans out there, and you may learn by way of the advantages in every tier on pages 4 and 5 of their brochure right 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 providers. The upper tiers start so as to add in some primary advantages for specialists, therapy of accidents, prescriptions, psychological well being, MRIs, and so forth. Make sure to learn up on every plan, and the constraints on the advantages, to be sure you know what each covers.

This MEC plan isn’t out there 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 can even assist you analysis to seek out your medical doctors, and assist you determine what plan is greatest for you.

Need assistance discovering MEC for QSEHRA? 

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

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