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Minimum Essential Coverage (MEC) Benefit Plans for Small Business

Posted on by Jessica Adams

Minimum Essential Coverage (MEC) Benefit Plans for Small Business

Looking for cost-effective, ACA-compliant plans backed by dedicated customer support? Call on BMA to provide plans with:
  • Premiums as low at $35/month per employee
  • Co-pay plans
  • ACA-compliance
  • Wellness, drugs, and more
  • No underwriting
  • Reserved surplus funds can be used to buy down plan costs for the next plan year or be taken as a refund. 
 
Employers can avoid the ACA mandate penalties while providing a significant health benefit for your groups/employees.
 
  • 2019 ACA’s MEC “A” penalty $2,500 per employee per year or $208.33 PEPM.-(only for employees that receive a subsidy)
  • The penalty for the MV “B” is $3,750 per employee per year or $312.50 PEPM-(only for employees that receive a subsidy) 

Learn more about MEC plans.

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