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What is Minimum Essential Coverage?

Minimum Essential Coverage is a cost-effective benefits package that satisfies the individual requirements of the Affordable Care Act (ACA).

MEC-Select combines self-funded minimum essential coverage with a fully insured Select Benefits fixed payment medical policy, giving employers and employees comprehensive administration and claims payment services.

Who should consider it?

By satisfying the minimum essential benefits requirements of the Affordable Care Act, MEC coverage helps employers avoid the $2,000 per employee, per year ACA fine1. Employers can benefit from the cost control aspects of a self-funded plan, while retaing a competitive benefits offering2.

  • Key benefits

    Key benefits

    • Enables employers to avoid the $2,000 per employee, per year ACA fine when offered alongside a minimum value medical plan
    • Provides valuable health benefits with the cost control aspects of a self-funded plan
    • Includes all mandated preventive services, covered 100% in-network
    • Select Benefits can cover frequently used services with no co-pays, coinsurance or deductibles
    • Dependable administration and efficient claims processing
  • Additional features

    Additional features

    Employers can choose a range of benefits to include in their Select Benefits suite, including office visits, diagnostic tests, hospital stays, prescriptions, life insurance, vision, dental, wellness coaching, short-term disability and telehealth services.

  • Application process

    Application process

    For information or to request a proposal for a Minimal Essential Coverage policy underwritten by Symetra, please contact your Mosaic Group representative.

  1. Employers employing at least a certain number of employees will be subject to the Employer Shared Responsibility provisions under the Internal Revenue Code. See your tax advisor for details.
  2. Select Benefits insurance policies are designed to provide benefits at a preselected, fixed-dollar amount. Coverage may be subject to exclusions, limitations, reductions and termination of benefit provisions. Select Benefits policies are insured by Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004 and are not available in all U.S. states or any U.S. territory. Symetra provides administrative services only for minimum essential coverage (MEC) plans.