Minimum Value

Minimum value is 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.