Buy MEC for QSEHRA Plan

Updated with 2024 pricing: Need MEC in your QSEHRA plan that meets QSEHRA necessities and QSEHRA guidelines? Here’s a round-up of your greatest choices for MEC plans for QSEHRA (Qualified Small Employer HRA).

QSEHRA Rules and MEC

QSEHRA is the brand new, tax-efficient approach for small employers to supply well being advantages. If your employer is providing you a QSEHRA, congrats! It could take a bit bit to get the grasp of, however we guess you will shortly study to adore it. It’s the one setup amongst small enterprise medical health insurance choices that permits staff to get reimbursed for particular person well being premiums and medical bills (if allowed by the QSEHRA). Essentially, you are being handed a blank-check of pre-tax cash to spend on what you want. 

However, earlier than you may take part in your employer’s QSEHRA, you will need to present proof of Minimum Essential Coverage (MEC). This is simple when you have a serious medical plan or are coated by your partner’s group plan–you in all probability have already got MEC! But 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? These sorts 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 may also be a pleasant praise to sharing ministries, short-term, and different various plans by overlaying preventive companies not usually coated by various plans.

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

Where to purchase MEC for QSEHRA Plan

Important! The following distributors promote what’s referred to as P-MEC or “Preventive-Only MEC”. These plans meet the MEC necessities by offering 100% of your and your households preventive care. These plans won’t defend you in case you’re sick or injured and shouldn’t be thought of insurance coverage. They will simply pay in your physicals, effectively 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 ample protection to associate with these plans. We don’t endorse these plans, though some distributors are providing reductions to our members. You might want to full any purposes with these distributors by yourself. We merely are offering a listing for you. Here you go!

North American Health Plans

North American Health Plans gives a preventative MEC plan referred to as SelectMed that qualifies as MEC for QSEHRA. There are additionally three ranges of SelectMed plans obtainable, and you’ll learn by way 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).

Here is an summary of their month-to-month plan pricing. 

North American Health Plan Monthly Premiums 

The fundamental plan covers simply your preventative & wellness companies. The larger tiers start so as to add in some fundamental advantages for specialists, therapy of accidents, prescriptions, psychological well being, MRIs, and so on. Be positive to learn up on every plan, and the constraints on the advantages, to be sure you know what each covers.

This MEC plan is just not obtainable in Alaska, Hawaii, Massachusetts, and New Hampshire.

To enroll, you may attain out on to Lynne Timm, LUTCF, insurance coverage advisor, at North American Health Plans, at lynnetimm214@gmail.com or 214-762-4247.  Lynne also can enable you to analysis to seek out your medical doctors, and assist you determine what plan is greatest for you.

Need assist discovering MEC for QSEHRA? 

We’re right here to assist! Just chat with us in the proper hand nook of your display. We’d be happy that can assist you. 

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