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 means 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 cling of, however we guess you will rapidly study to find it irresistible. It is the one setup amongst small enterprise medical health insurance choices that permits workers 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’ll be able to take part in your employer’s QSEHRA, it’s essential to present proof of Minimal Important Protection (MEC). That is simple in case you have a serious medical plan or are lined by your partner’s group plan–you most likely have already got MEC! However what if you need 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 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 can enable these plans to work with QSEHRA. MEC plans may also be a pleasant praise to sharing ministries, short-term, and different different plans by overlaying preventive providers not sometimes lined by different plans.

→ Learn a shopper’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 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 is not going to defend you in case you’re sick or injured and shouldn’t be thought of insurance coverage. They may simply pay on your physicals, effectively 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 sufficient protection to go together 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 referred to as SelectMed that qualifies as MEC for QSEHRA. There are additionally three ranges of SelectMed plans out there, and you’ll 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, remedy of accidents, prescriptions, psychological well being, MRIs, and many others. You’ll want to learn up on every plan, and the constraints on the advantages, to be sure you know what each covers.

This MEC plan just isn’t out there 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 lynnetimm214@gmail.com or 214-762-4247.  Lynne may also assist you to analysis to seek 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 correct hand nook of your display. We would be happy that can assist you. 

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