What is covered on a MEC plan?
What is covered on a MEC plan?
Minimum Essential Coverage (MEC for short) is a health insurance product that generally covers preventative medical services, such as vaccinations, checkups and screenings. MECs can be purchased as a standalone product, or they can be combined with various types of healthcare coverage.
What is boon group insurance?
The Boon Group® is a full service employee benefits company specializing in the design, implementation and administration of cost-effective fringe benefit plans for federal, state and local government contractors.
What is a MEC wellness preventive plan?
The MEC Wellness/Preventive Plan is an employer-sponsored, self-funded plan that has been deemed to be in compliance with ACA rules and regulations. IT IS NOT A SUBSTITUTE FOR ESSENTIAL HEALTH BENEFITS OR MINIMUM ESSENTIAL COVERAGE AS DEFINED UNDER THE AFFORDABLE CARE ACT (ACA).
What is MEC Plus plan?
With a MEC Plus plan you can add select services such as office visits, lab work, diagnostic testing, urgent care visits, prescriptions, and other services if you would like to provide a limited non-preventative benefit to your employees.
Who owns the Boon Group?
Assured Partners
Assured Partners is the parent holding company of The Boon Group, Inc., The Boon Insurance Agency, Inc., Boon Administrative Services, Inc., Health & Welfare Benefit Systems, Inc., and Boon Investment Group, Inc.
What is boon health?
About us. Boon offers a holistic, personalized coaching platform that empowers your employees to become more resilient, authentic versions of themselves. Website http://www.boon-health.com.
Are MEC plans Cobra eligible?
MEC plans are considered group health plans under ERISA and COBRA. Further, if a participant in a MEC plan experiences a COBRA qualifying event, and the employer has 20 or more employees, that qualified beneficiary should still be offered continuation coverage under the MEC plan.
Are MEC plans insurance?
Any insurance plan that meets the Affordable Care Act requirement for having health coverage.
Is MEC still required?
The ACA requires companies to offer MEC to their employees if they have at least 50 full-time employees; this is known as the “employer mandate” and remains in effect today.