We know this song. You need to ensure your business stays ahead of regulations while empowering your workforce with confidence and security. Mi-Comply is a remix of traditional health insurance that captures the admiration of your employees while subtly reducing their need for active participation. You will like this remix better than the original! Mi-Comply offers you:
Minimum Essential Coverage (MEC) plans are the mixed tapes of yesterday. They offer a basic framework but often leave employers grappling with penalty exposure and limited flexibility, offering minimal appeal to employees. Mi-Comply transcends these limitations with an innovative approach that integrates seamlessly into your business model.
n 2020, a new voice hit the healthcare stage. The Individual Coverage Health Reimbursement Arrangement, or ICHRA, became available to employers. It’s not just a health benefits option; it’s a revolution.
Customizable, flexible, and deeply personal, ICHRA addresses all your ACA penalty concerns with ZERO PARTICIPATION REQUIREMENTS.
In 2020, a new voice hit the healthcare stage. The Individual Coverage Health Reimbursement Arrangement, or ICHRA, became available to employers. It’s not just a health benefits option; it’s a revolution.
Customizable, flexible, and deeply personal, ICHRA addresses all your ACA penalty concerns with ZERO PARTICIPATION REQUIREMENTS.
If you’re seeking a fresh, effective approach to health insurance and employee benefits, you’ve found the right partner.
Brokers + Mi-Comply is all about bringing the band together. We partner with brokers across the country to fill the gaps where traditional MEC plans don’t make the charts. Already have a broker? No worries, we can work with your broker to bring Mi-Comply to your organization and get everyone singing from the same sheet of music.
Traditional Minimum Essential Coverage (MEC) plans have served as a basic framework but often leave employers grappling with penalty exposure and limited flexibility, offering minimal appeal to employees. Mi-Comply transcends these limitations with an innovative approach that integrates seamlessly into your business model.
| Feature | MEC Plans Paired with Hospital Indemnity Plans | Mi-Comply |
|---|---|---|
| Coverage | Basic preventive + limited hospital benefits | Comprehensive individual plans |
| Cost to Employer | High due to paired plans | Lower, flexible defined contributions |
| Employee Satisfaction | Low due to limited benefits | High due to customizable plans |
| ACA Penalty Risk | High, not considered A Minimum Value Plan | None with proper implementation |
| Flexibility | Limited | High, with choice of plans |
| Administration | Simple but rigid | Requires initial setup, then flexible management |
| Participation Requirement | Often required | None |
Schedule a discovery call with our Mi-Comply team and see how we can solve your ICHRA challenges.