Overview
Under the Affordable Care Act (ACA), businesses with 50+ full-time employees must provide medical insurance that aligns with the standards of Minimum Essential Coverage (MEC) or face penalties. MEC plans are economical for both employers and employees and primarily focus on preventive and wellness services. Paragon’s MEC has access to plans with extensive provider networks, telemedicine, indemnity benefit options, and more.
We also specialize in minimum value plans (MVP) for those who need more robust coverage. These plans exceed the MEC by providing a more comprehensive level of healthcare services. They ensure coverage meets at least the minimum actuarial value threshold of 60%, satisfying the employer's responsibility to offer substantial coverage to employees.
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Whether your clients require group MEC or MVP coverage, we have reduced plans that are ACA-compliant.
Minimum Essential Coverage (MEC)