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 could take slightly 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 insurance choices that enables workers 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.

Nevertheless, earlier than you may take part in your employer’s QSEHRA, it’s essential to present proof of Minimal Important Protection (MEC). That is straightforward in case you have a significant medical plan or are coated 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? Some 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 will also be a pleasant praise to sharing ministries, short-term, and different different plans by overlaying preventive companies not sometimes coated 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

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 shield you for those who’re sick or injured and shouldn’t be thought of insurance coverage. They are going to simply pay in 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 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 functions 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 affords 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 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 outline of their month-to-month plan pricing.

North American Well being Plan Month-to-month Premiums

	SelectMed Professional	SelectMed Max
Particular person	$157.74	$238.08
Particular person + Partner	$233.97	$398.97
Particular person + Youngster	$225.11	$409.19
Household	$300.57	$599.27

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

This MEC plan will not be 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 Well being Plans, at lynnetimm214@gmail.com or 214-762-4247. Lynne may also aid you analysis to search out your medical doctors, and assist you determine what plan is greatest for you.