Cost of Benefits
Your contributions for your health care premiums
While MFP pays the majority of the medical, dental, and vision premiums for you and your dependents, you also contribute to your health care premiums. You can select different coverage levels for medical, dental, and vision insurance based on your individual needs.
Your bi-weekly (26) payroll deductions for medical, dental, and vision coverage are shown below:
Medical
To learn more about each of the plans that are available to you visit the Medical Plan section.
Imputed Income
Couples in domestic partnerships are generally ineligible for the federal benefits provided to spouses. Employers are obligated to report and withhold taxes on the fair market value (FMV) of a domestic partner’s health coverage to the extent the coverage is paid for by the employer. FMV is usually determined by calculating the difference between the cost of employee and employee-plus one or more. The amount paid by the employee on an after-tax basis for the coverage is subtracted from the FMV to determine the taxable amount.
Imputed Income for Domestic Partner & Domestic Partner's Child(ren)