Purchase 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 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 might take a little bit bit to get the dangle of, however we wager you may rapidly be taught to like it. It is the one setup amongst small enterprise medical insurance choices that permits staff 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. 

Nevertheless, earlier than you may take part in your employer’s QSEHRA, you need to present proof of Minimal Important Protection (MEC). That is simple if in case 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 an alternate 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 enable these plans to work with QSEHRA. MEC plans will also be a pleasant praise to sharing ministries, short-term, and different various plans by protecting preventive providers not usually lined by various plans.

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

The place to purchase MEC for QSEHRA Plan

Essential! 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 for those who’re sick or injured and shouldn’t be thought-about insurance coverage. They are going to simply pay on your physicals, nicely visits, immunizations, screenings, and different preventive wants (you may see a full checklist of what they cowl right here) and nothing else. So please, ensure you’ve bought satisfactory 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 provides 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 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 

The fundamental plan covers simply your preventative & wellness providers. The upper tiers start so as to add in some fundamental advantages for specialists, remedy of accidents, prescriptions, psychological well being, MRIs, and so on. Be sure you learn up on every plan, and the restrictions on the advantages, to ensure you know what every one covers.

This MEC plan shouldn’t be 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 may also aid you analysis to search 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 proper hand nook of your display. We would be happy that can assist you. 

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