MEC plans MEC plans can almost always benefit employees. In the U.S., millions of preventable chronic diseases lead to premature death of otherwise healthy Americans. Employers do well [...]
Group is offering a MEC plan and is paying 100% for all FTE’s. Every employee is required to accept or Waive. All take coverage on November 1st , 2016. On December 1, 2016 an employee decides they want a minimum value plan that covers Hospitalization. Can they go to the exchange and if their income allows, qualify for a subsidy?
In short- if the employee enrolls in the MEC plan, then no- he/she would not be eligible for a premium tax credit. If the employee waived coverage in the MEC, yes- he/she would be eligible for a [...]
Deciding on a group health insurance plan is no simple task, and the pressure of making a decision that will affect a large number of people who are relying on you to make a wise choice [...]