What is the new Minimum Essential Coverage (MEC) Plan?
The new AHCA/NCAL Insurance Solutions plan was developed by Compass Total Benefit Solutions and offers AHCA/NCAL members two new affordable options for providing many of the health insurance benefits that are important to long term care employees. The new plans feature affordable premiums and co-pays for valued and commonly used services. The Compass 1 Plan costs about $1 per hour for a full-time employee or $161 per month. Employers may pay all, part or none of the monthly premiums. A second plan (Compass 2) has higher hospital indemnity payments and is available for $182 per month.
The MEC plans were designed to help long term care employees who cannot afford Affordable Care Act (ACA) compliant plan premiums or the high deductibles associated with many ACA plans. Even though traditional ACA compliant plans are classified as “affordable,” they are not an option that many long term care employees can afford. These MEC plans give employees affordable access to commonly needed and utilized health benefits at an affordable price with no deductibles and low copays. Spouse, children and family plan options are also available.
Watch this short video to learn more.
In the long term care sector, the MEC plans are available to AHCA/NCAL member facilities only as a member benefit because of the exclusive low monthly premiums. More information about the MEC plans is available under the “Resources” section on the left side of the screen.
Our Consulting Team
Our partner, Compass Total Benefit Solutions, was specially formed to work with AHCA/NCAL membership. Nick Cianci is President of Compass and understands the needs of long term care providers and has strong expertise in the employee health benefits field.
Compass Total Benefit Solutions was named a 2021 “Top Emerging Benefits Administration Company”
by Manage HR Magazine.
Solutions We Offer
With our multiple carrier and vendor partnerships, we offer the following types of insurance and employee benefit solutions:
- Health (both fully and self-insured)
- Stop-Loss
- Dental
- Disability
- Life
- Critical Illness
- Accident
- Hospital and Emergency Room
- Long-Term Care
- Wellness
- Telemedicine
- Pet
- Compass MEC Plans
- Enrollment Platforms/ Private Exchange