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Preventive companies are one among Obamacare’s Essential Health Advantages. Preventive coverage offered underneath a self-funded plan meets the federal authorities’s necessities for Minimal Essential Protection for a small group plan (generally under 50 full-time workers). Accordingly, the plan satisfies the Employer Shared Responsibility Mandate for Minimal Essential Coverage as well as the Particular person Mandate and due to this fact avoids having any tax penalties for both the individual or the employer for not participating in an Inexpensive Care Act plan.
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