WellMEC is compliant with the minimum essential coverage requirements of the Affordable Care Act, and eliminates or reduces the Affordable Care Act shared responsibility tax penalty. The WellMEC plan provides drivers and their families with preventive and wellness benefits while satisfying the Individual Shared Responsibility penalty imposed by the IRS.
As an employer, you will satisfy the Employer Mandate by having your drivers enroll in the WellMEC plan, creating a penalty-free workplace.
*Minimum Essential Coverage is the type of coverage you need to avoid the Individual Shared Responsibility fee which is the greater of and $2,085 for a family or 2.5% of your adjusted gross income ($695 for individual). With the penalty payment approach, you receive no benefits.
|MEMBER + SPOUSE||$165.00|
|MEMBER + CHILD(REN)||$155.00|
|MEMBER + FAMILY||$225.00|