MEC plans are becoming increasingly common as employers adapt to the rules and requirements of the ACA. While these preventive-care-only plans generally avoid covering high-cost, catastrophic medical conditions, high usage of the plan by employees can quickly deplete the health care budgets of unprepared employers. Medical stop loss insurance can play a valuable role in keeping frequent claims costs in check.
Read our Inside Track paper to learn more about how stop loss can protect minimum essential coverage plans.
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