At Century we are committed to help employers provide affordable benefit solutions to their hourly employees. Keep scrolling to view the products we offer.
MEC Basic - Minimum Essential Coverage Basic
The Minimum Essential Coverage Basic (MEC) Plan provides 100% preventive coverage as outlined in the Affordable Care Act (ACA). This self-funded MEC provides a low cost approach to obtaining preventive coverage, satisfying the individual mandate, and eliminating the employer 4980 H (a) “no offer” penalty.
MEC Plus - Minimum Essential Coverage Plus
The MEC Plus Plan consists of a fully insured or self-funded Limited Benefit Medical Plan as well as a self-funded 100% Preventive Care Plan. The MEC Plus Plan adds value to the MEC by offering first dollar coverage for employee`s routine expenses.
MEC Enhanced - Minimum Essential Coverage Enhanced
The MEC Enhanced Plan is a more comprehensive plan with deductibles, copays, and co-insurance. The MEC Enhanced Plan offers more coverage, but doesn`t include hospitalization, thereby lowering your employee`s monthly cost. The MEC Enhanced Plan can be offered alongside a Hospital Indemnity plan as a buy-up option.
The Bronze MVP Plan is fully ACA compliant and provides protection against both employer penalties if paid at the affordability level. The MVP Plan must be offered alongside an MEC Plus Plan that meets participation requirements and has a minimum employer contribution of 50%. Simple underwriting for the MVP Plan includes only one medical question.
Century offers a variety of ancillary benefits to accommodate the needs of our clients. Some benefits may be offered as embedded products within the Limited Benefit Medical or Hospital Indemnity Plans while others are only available on a voluntary basis. Please review our ancillary products below.
(Discount or traditional)
(Discount and Insured)
(Term, Dependent, Optional)
Century Gap Plans are designed to supplement your existing comprehensive major medical plan by assisting with the unexpected costs of healthcare. Gap Plans cover a portion of your employees’ out-of-pocket expenses such as co-pays, co-insurance, and deductibles. Traditional Gap Plans and Health Savings Account (HSA) compatible Gap plans are available with low participation requirements at an affordable cost.