Buy MEC for QSEHRA Plan

Up to date with 2024 pricing: Want MEC on 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 approach 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 wager you may rapidly be taught to like it. 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). Primarily, 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 have to present proof of Minimal Important Protection (MEC). That is simple when 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 sort of plan? A lot 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 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 usually lined by various plans.

→ Read a client’s story of using 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 is not going to defend you when you’re sick or injured and shouldn’t be thought of insurance coverage. They are going to simply pay on your physicals, effectively 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 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 have to finish any functions with these distributors by yourself. We merely are offering a listing for you. Right here you go!

North American Well being Plans

North American Health Plans presents 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 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 summary 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 fundamental advantages for specialists, therapy of accidents, prescriptions, psychological well being, MRIs, and many others. Make sure to learn up on every plan, and the constraints on the advantages, to be sure you know what every one covers.

This MEC plan is just not 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 lynnetimm214@gmail.com or 214-762-4247.  Lynne can even allow you to analysis to search 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 best hand nook of your display. We might be happy that will help you. 

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