MEC/MVP Plans from Workforce Benefits America
At Surprisingly Affordable Costs . . .
PPACA TAX AND BENEFIT COMPLIANCE PLANS
What’s a MEC plan?
- Covers 100% of Preventive and Wellness care
- Available to employer groups > Down to 10 eligible lives
- Reinsurance mitigates employer’s risk
- Can be funded with any combination of employer and employee funds
Optional Plan Additions?
- Limited Benefit Indemnity plan
- Additional Supplemental Health products
Anticipated Program Outcomes . . .
- Savings compared to traditional major medical plans
- Lower cost point for entry into offering insurance options
- Provides built-in employer expense predictability
Benefits to Employees
- First dollar coverage
- Easy access to PPO network providers and discounts
- Full flexibility in a changing environment
MVP Solution Components
What is an MVP Plan?
- Covers 100% of Preventive and Wellness care (MEC)
- Meets a “minimum value” of 60% actuarial value
- Provides inpatient benefits
- Provides extensive benefits for outpatient care
- Includes a substantial co-pay prescription benefits
- If partially self-funded, is not required to meet all ACA and State mandated requirements
- Solves for all penalties (if “affordable”)
- Affordable option that may require minimal contribution
Optional Plan Additions
- Additional Supplemental Health products
Anticipated program outcomes
Savings compared to traditional major medical plans
- Lower cost point for entry into offering insurance options
- Provides built-in employer expense predictability
Benefits to employees
- Compliant and affordable
