Cost of Coverage

You and Johns Hopkins University share the cost of your benefits coverage. The university pays for the majority of your coverage and you pay the balance.

To learn more, review the sections below:

• How it Works
• Rates
• Medical Waiver Credit
• Tax Consequences of Same-Sex Domestic Partner Benefits

How it Works

The premiums you pay for coverage are deducted directly from your paycheck. Some premiums are deducted before your taxes are calculated (pre-tax), and others are deducted after your taxes are taken out (post-tax). Some benefits are considered taxable income and reported on your W-2.

Below is a brief overview of which benefits are paid pre- and post-tax and any tax consequences relating to your coverage:

• Pre-tax: Premiums for all benefits with the exception of Dependent Life Insurance and Voluntary Benefits (Vision, Long Term Care Insurance, Critical Illness Insurance, Accident Insurance, Auto & Homeowner's Insurance) are deducted from your pay before income and Social Security taxes are taken.
• Post-tax: Premiums for same-sex domestic partner coverage are paid after income and Social Security taxes are deducted from your pay, as required by Federal law.
• Tax consequences of same-sex domestic partner benefits: The university-provided contributions paid for same-sex domestic partners (and their dependents) are treated as taxable income on your W-2 form. For more information, see the Tax Consequences of Same-Sex Domestic Partner Benefits.
• Tax consequences of life insurance premiums: The value of the premiums you pay for Dependent Life Insurance and for your own Life Insurance (coverage above $50,000) are reported as taxable income on your W-2 form.

Rates

The cost of coverage depends on your employment status with the university. For the CareFirst BlueCross BlueShield or EHP Classic medical plans, your premium cost will vary depending upon your salary tier. Click on the appropriate link to view the cost of coverage.

• Faculty and Staff 2013 Rates
• Bargaining Unit Members 2013 Rates

Note: If you are a full-time benefits eligible faculty and staff member who was actively working prior to December 1, 2011 you can learn more about your benefits and their costs by viewing your
my Rewards Statement.

Medical Waiver Credit

You will receive a medical waiver credit if you decline coverage through the university and submit a Medical Waiver Form showing you have coverage from another source. You may not opt out of university medical coverage unless you have other medical coverage. The amount of the waiver credit will be $800 ($33.33 per pay) if you earn $40,000 or less in annual salary or $500 ($20.83 per pay) if you earn more.

Tax Consequences of Same-Sex Domestic Partner Benefits

The Internal Revenue Code requires the fair market value of the benefits or privileges provided to domestic partners and their children to be considered taxable income for employment and income tax purposes unless the domestic partner qualifies as a dependent of the employee under Section 152 of the Internal Revenue Code. You can look at the same-sex domestic partner tax chart for specific dollar amounts.

• 2012 Same-sex Spouse/Domestic Partner Tax Chart
• 2013 Same-sex-Spouse/Domestic Partner Tax Chart
• Guide to Determine Imputed Taxable Income