Anthem Blue Cross has product portfolio named Elements Choice EQ to help employers with 51+ employees to meet the requirements of the Affordable Care Act (ACA). The Elements Choice EQ specifically targets businesses that have not previously offered health care to employees working 30-39 hours per week.
The portfolio consists of six new plans, including two HMOs, two PPOs, and two HSAs. These plans meet the ACA requirements of 60% minimum value coverage. There is no minimum participation and no minimum enrollment for these plans. This allows employers of 51+ employees to remain in compliance with ACA guidelines without having to alter the plans and risk pool associated with their 40+ hours/week employees.
[Also read: Premium-Only-Plan (POP Benefits)]