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 method for small employers to supply well being advantages. In case your employer is providing you a QSEHRA, congrats! It might take a bit bit to get the grasp of, however we guess you will rapidly be taught to adore it. It is the one setup amongst small enterprise medical health 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 need to present proof of Minimal Important Protection (MEC). That is simple when you’ve got 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 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 may enable these plans to work with QSEHRA. MEC plans can be a pleasant praise to sharing ministries, short-term, and different different plans by protecting preventive providers not usually 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

Necessary! 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 defend you if you happen to’re sick or injured and shouldn’t be thought of insurance coverage. They may simply pay on your physicals, properly visits, immunizations, screenings, and different preventive wants (you may see a full listing of what they cowl right 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 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 means 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 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. Remember to learn up on every plan, and the restrictions on the advantages, to be sure you know what each covers.

This MEC plan is just not 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 show you how to 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 precise hand nook of your display screen. We would be happy that can assist you. 

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