Are MEC plans still an option?
|Course Name:||Are MEC plans still an option?|
|Provider Name:||ComedyCE.com LLC|
|CE Credits:||1 hour|
They say that necessity is the mother of all invention, and the existence of MEC plans seems to prove that statement true. Large employers needed a way to avoid the ACA’s across-the-board penalty for failure to offer “minimum essential coverage,” so the market delivered a solution: scaled-back plans that meet the law’s requirement at a fraction of the cost of a major medical plan. But are these plans still legal and will they continue to be going forward? In this session, we’ll discuss the thinking behind the MEC strategy and look ahead at the future of this apparent loophole in the law.