Minimum Value
A standard of minimum coverage that applies to job-based health plans.
If your employer’s plan meets this standard and is considered “affordable,” you won’t be eligible for a premium tax credit if you buy a Marketplace insurance plan instead.
A health plan meets the minimum value standard if both of these apply:
• It’s designed to pay at least 60% of the total cost of medical services for a standard population
• Its benefits include substantial coverage of physician and inpatient hospital services
Related content
• Why minimum value is important?
