Hi Everyone,
We have a client with about 360 lives and they would like to offer a medical plan that meets the definition of minimal essential coverage and that is also affordable to employees to avoid the ACA penalty for not offering health insurance to their employees the cheapest way possible.
We recieved quotes from carriers ranging over $500 for individual only plans with the highest deductibles/OOP Maxs which is very expensive considering many of our other groups have SUPERIOR coverage for around $300-$400 for employee only.
Do you have any suggestions on offering Skinny Plans along with any other supplemental policies or do you have any other ideas on how to get this group insured to provide minimum essential coverage that is affordable for employees at the cheapest rate possible?
Thank you for your time!
We have a client with about 360 lives and they would like to offer a medical plan that meets the definition of minimal essential coverage and that is also affordable to employees to avoid the ACA penalty for not offering health insurance to their employees the cheapest way possible.
We recieved quotes from carriers ranging over $500 for individual only plans with the highest deductibles/OOP Maxs which is very expensive considering many of our other groups have SUPERIOR coverage for around $300-$400 for employee only.
Do you have any suggestions on offering Skinny Plans along with any other supplemental policies or do you have any other ideas on how to get this group insured to provide minimum essential coverage that is affordable for employees at the cheapest rate possible?
Thank you for your time!