ASA Central Network

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  • 1.  MEC plans

    Posted 02-25-2020 15:30
    I am hoping to get some feedback on MEC plans people are using.  Are there any that do NOT require a minimum number of employees? What are the typical "lookback" periods people are using?  Finally, the plans that I have reviewed thus far seem to not be cost beneficial to workers (ie. expensive and not a lot of value).

    I appreciate any insight here.  Thanks much!


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    Jason Wandersee
    MyWorkChoice
    Cornelius NC
    jasonw@myworkchoice.com
    (704) 896-3110X163 x163
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  • 2.  RE: MEC plans

    Posted 02-26-2020 07:54
    Jason,

    You'll definitely want to reach out to the Essential StaffCARE team regarding Fixed Indemnity and MEC solutions for your temporary associates.

    Just to clarify though, MEC plans typically do not have minimum participation requirements. Also MEC plans by design are extremely affordable, and I have personally never seen a plan more expensive than $75 a month.  That falls well within the affordability requirements in the ACA.
    You may be thinking of minimum value or MV plans.  Those types of plans typically have minimum participation requirements and can get quite expensive. 

    We have always utilized an indemnity and a MEC solution for our temporary associates because of the challenges associated with MV plans.
    Again I'd highly suggest reaching out to the ESC team. Send me a direct message and I can provide my contact to you.


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    Jason Leverant
    President and COO
    @Work Group
    Knoxville TN
    (865) 824-0021
    Certs: TSC, CSP, CSC, CHP
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  • 3.  RE: MEC plans

    Posted 02-26-2020 09:27
    Hi Jason. We also offer Essential StaffCARE's MEC and Indemnity plans. I agree with you that there is not a lot of value for up to $75/month... employees can't even have a doctor's visit covered. It's very limited, but that's the ACA for you. The indemnity plan offers more value and is a weekly plan so it's really easy to manage through ESC. All of the MEC plans we had quoted, except ESC, required a minimum participation or employer contribution.

    Jamie

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    Jamie Stafford CSP
    Risk Manager
    Key Staffing
    Topeka KS
    (785) 272-9999
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  • 4.  RE: MEC plans

    Posted 02-27-2020 09:45
    Hi Jason - 

    We're with Fringe Benefits offering "The American Worker" plan. There are minimum enrollment requirements but we offer to pay 100% of the premium for our employees since it is very affordable. We also do negative enrollment for those that do not elect or decline. With these two factors, we don't have a hard time meeting the required minimum enrollment. That's a little different but it works for us. From what I've shopped, the only plans that do not have minimum enrollment requirements are those tied to MVP plans which we do not offer. 

    Feel free to reach out if you want to compare.

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    ​Isaac Kelly, CHRA, CSP, CSC
    Vice President
    Augusta Staffing Associates
    P: 706.860.8909
    M: 706.951.7163
    isaac@augustastaffing.com
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  • 5.  RE: MEC plans

    Posted 02-27-2020 09:55
    Jason,

    Here are a few things to look at when considering the best MEC option to go with for your company:
    - Are multiple levels of MEC being offered, or just one basic compliance plan? Employees like choices. A basic MEC plan does not offer doctor office visits for your employees if they are sick, but having the option to select a higher level MEC provides better care for your employees.
    - Is there any stop-loss insurance provided or is there the opportunity for a "cash call" to you if there is not enough money to pay claims? Most employers do not understand the risks involved of offering self-funded plans without insurance protection.
    - If the MEC plans run well and there is money left over in the unused claim fund at the end of the policy period, what happens to those funds? Does the MEC provider keep the funds or are they returned to you (the employer) so you can buy-down premiums for your employees, or implement a wellness strategy?
    - Will the MEC provider offer direct support for you and your employees with a dedicated Account Manager, IRS compliance and reporting, COBRA, carrier accountability and options, wellness consulting, technology, etc.?

    There are many things to consider when reviewing which MEC plan and carrier is best for your firm. Please feel free to reach out if you would like to discuss more.

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    Scott Fleckenstein
    Vice President
    Assurance
    Schaumburg IL
    (888) 429-0999
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