Product Suite
We offer a range of benefits and can help put a package together that will not only fit you, but makes administration easier.
Experience the new way of gaining meaningful health coverage.
Minimal Essential Coverage Plan
-No Deductible
-Simplified Underwriting
-ACA Compliant
-Unlimited Telemedicine
-$0 Copays on Preventative Generic Drugs
-Can Exist with traditional plans
Minimum Essential Coverage (MEC) is an essential aspect of providing comprehensive health benefits to your employees. MEC, a vital component of complying with the Affordable Care Act (ACA), refers to health insurance that meets the ACA’s requirements, offering a baseline of essential benefits.
By offering MEC plans, employers can ensure that their workforce has access to essential health services, helping employees meet the individual mandate, and avoiding potential tax penalties.
Minimum Value Plan
-No Deductible
-Avoids ACA Penalty B
-Covers >60% of allowed cost
-50 State Coverage
-Substantial in- and out-patient hospitalization coverage
-meets "affordability" requirement
Minimum Value Plans (MVPs) offer a cost-effective solution for employee health coverage. Designed to meet ACA criteria, they provide substantial coverage, ensuring employees receive essential benefits while balancing comprehensive coverage with cost-effectiveness.
MVPs cover essential health services and preventive care, offering employees access to vital medical resources. Though not all-encompassing, they establish a solid foundation for maintaining good health.
Part-Time Coverage
-Premium Tax Credits for discounts on premiums
-Cost Sharing Reductions for co-pays and deductibles
-1-on-1 Enrollment Assistance
-Year round individual support
-Plans and network Based on employee home zip code
Employees not mandated to be offered coverage through an employer are welcome to visit the federal or their state's insurance marketplace and gain qualified coverage of their own. By linking them with the same benefits team who works with your company, these employees will gain the sense of owning an employer sponsored health plan and feel more connected to the organization.
If individuals meet ACA standards of income they may be eligible for Premium Discounts, which lower monthly premium costs, and Cost Sharing Reductions (CSRs) which decrease overall deductible and co-pays.
ICHRA
-Gives the employee the choice of their health plan
-Plans based on employee zip code, ensuring available networks
-Confirms coverage for their desired doctors and prescribed medication
-Trust services ensure your compliance with ACA mandates
An Individual Coverage Health Reimbursement (ICHRA) plan uses the federal or the employee's state insurance marketplace to make an offering without having to decide on which insurance plan to offer. Every employee is shown insurance options specific to their zip code. In order to meet affordability, rates are based off the lowest cost Silver plan in that employees zip code. Payment for each plan is made through a dedicated trust for your organization.