Minimum Essential Coverage (MEC) is health coverage that satisfies federal coverage requirements and may be required for participation in certain HRA reimbursement arrangements.
Why is MEC important?
Certain employer-sponsored reimbursement arrangements require employees to maintain qualifying health coverage to receive tax-free reimbursements.
What types of coverage are commonly considered MEC?
Examples may include:
Individual major medical plans
Employer-sponsored group health plans
Medicare
Certain government-sponsored coverage programs
What types of coverage may not qualify?
Examples may include:
Most short-term health insurance plans
Certain supplemental policies
Health sharing ministries
How can I determine whether my coverage qualifies?
Review your plan documentation and contact Take Command Support if you have questions about reimbursement eligibility.