Minimum Essential Coverage

100% compliant with the Patient Protection and Affordable Care Act

WellMEC_logoWellMEC fulfills the two basic requirments of the Patient Protection and Affordable Care Act.

WellMEC™

Satisfies the Individual Mandate so employees are not subject to the tax penalty. In 2014, the individual penalty is the greater of 1 percent of the adjusted household income or $95 per adult, plus

  • Minimum Essential Coverage
  • 100 percent employer paid
  • Covers 100 percent of the wellness and preventive services
  • Self insurance plan with reinsurance protection
  • Audit protection
  • PPO Network included

WellMEC+™

Satisfies the Unaffordable Plan Penalty by offering a minimum value plan that has an acutarial value of at least 60 percent, and the employee’s cost does not exceed 9.5 percent of the employee’s income, the employer can avoid this penalty.

  • Minimum Value Plan
  • Voluntary
  • Self insurance plan with reinsurance option
  • Audit protection
  • PPO Network Included