Purchase MEC for QSEHRA Plan

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 just a little bit to get the grasp of, however we guess you will shortly be taught to adore it. 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 possibly can take part in your employer’s QSEHRA, you will need 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 in all probability 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? These kind 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 can be a pleasant praise to sharing ministries, short-term, and different various plans by overlaying 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

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 for those who’re sick or injured and shouldn’t be thought-about insurance coverage. They are going to simply pay in your physicals, nicely visits, immunizations, screenings, and different preventive wants (you possibly can see a full record of what they cowl right here) and nothing else. So please, ensure 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 have to 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 provides 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 means of 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 summary of their month-to-month plan pricing. 

North American Well being Plan Month-to-month Premiums 

The fundamental 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 many others. Remember to learn up on every plan, and the restrictions on the advantages, to ensure you know what every one covers.

This MEC plan just isn’t out there in Alaska, Hawaii, Massachusetts, and New Hampshire.

To enroll, you possibly can 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 enable 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 fitting hand nook of your display. We would be happy that will help you. 

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