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Minimum Value Plan: Frequently Asked Questions

by Adam Garrett | May 3, 2017 | MVP, Prevailing Wage

How Does the Minimum Value Plan Work for Prevailing Wage Workers?A plan’s minimum value is related to the percent of the allowed costs of benefits provided by the plan. Basically, the minimum value defines what percentages the plan or employer pays versus the...

MEC and MVP: Hitting the Minimum Value of the Affordable Care Act

by Adam Garrett | Apr 19, 2017 | Affordable Care Act, MVP

Mec plan and Mvp Plan: When is a health plan considered to meet the minimum value?The Affordable Care Act requires insurance plans offered by employers to meet two conditions in terms of minimum value and affordability to be deemed adequate. A health plan meets...

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