Is this a self-insured plan?
Yes and we provide aggregate stop loss that will set the maximum cost per employee.
Is it cheaper to pay the fines?
No our solution can be paid by the employees thereby making the cost a lot less than the fines.
Do I need claims experience to get a quote?
Can I work with my broker instead of HCP?
Yes have them contact us.
Are there participation requirements?
Are certain industries excluded?
How reasonable is the cost?
If you have your employees contribute 9.5% of their W2 (safer harbor) income the net cost could be nothing
What is a MEC?
Minimum Essential Benefit Coverage which provides the 63 CMS preventable services. If MEC is provided, the employer can avoid the $2,000 fine.
We understand your needs as a business owner. We know that you have to create the best possible outcome for your business: keeping profits high and expenses low. Let one of our Sales Representatives show you how one of our ObamaCare compliance products will offer you the best possible situation, allowing you to keep more money in your pocket, secure employee loyalty, and stay on the right side of the law.
You don’t have to cripple your business! From New York to California, your ACA solution is just a phone call away. Just call 1-888-478-6756 to speak with an HCP National representative about your specific situation today.