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Are 'Minimum Essential Coverage' Health Plans the Game Changers for Employers in ACA Countdown?
Healthcare Reform Magazine
Sept. 4, 2014
"While [Minimum Essential Coverage (MEC)] plans can eliminate the $2,000 penalty, employers should be aware that these plans do not protect them from the ACA's $3,000 penalty per each employee who goes to a public exchange and qualifies for a federal subsidy. Also, because MEC plans offer only the most basic level of benefits required under ERISA, employees might view them unfavorably unless combined with other benefits policies." [Updated Dec. 2018]
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