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Minimum value

A standard of minimum coverage that applies to job-based health plans. If your employerโ€™s plan meets this standard and is considered โ€œaffordable,โ€ you wonโ€™t qualify 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:
  • Itโ€™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
To find out if your job-based plan meets the minimum value standard, ask your employer. You can also ask them to fill out the Employer Coverage Toolย (PDF, 157 KB).
  • Get tips before accepting job-based coverage