Employers hoping to avoid penalties under the Patient Protection and Affordable Care Act are increasingly turning to what some call a "no minimum value plan."

These are group health plans – also often called "skinny" plans – that provide basic medical care, but may not satisfy the 60 percent minimum value threshold under the health care reform law. And despite that, they're perfectly legal, at least for now.

Providing employees with "minimum essential coverage," as mandated by the PPACA, leaves most workers with the impression that their company health plan will include the "10 essential benefits" outlined under the law.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Employer-Paid
Employee-Paid
Compliance
Cost-Containment
C-Suite