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Imputed Income Analysis Examples

Choice Plus POS & Choice Plus HSA
Monthly Funding Rate Monthly Employer Cost Monthly Employee Contribution
Employee only $950.68 $924.41 $26.27
Employee/Spouse $1,987.20 $1,683.94 $303.26
Employee/Child(ren) $1,797.93 $1,555.99 $241.94
Employee/Family $2,838.85 $2,341.98 $496.87
Scenario 1
Single employee adds domestic partner
Employer contributes the same amount for domestic partner as spousal coverage. Employee contributes pre-tax for employee coverage and post-tax for domestic partner. Imputed income applies.
Employee contribution Employee imputed income
Total coverage cost $1,987.20 Employee/Spouse funding rate $1,987.20
Employer contribution $1,683.94 Employee only funding rate $950.68
Employee cost $303.26 Domestic Partner coverage value $1,036.52
Pre-tax contribution $26.27 Post-tax contribution $276.99
Post-tax contribution $276.99 Imputed income $759.53
Scenario 2
Employee with children adds a domestic partner
Employer contributes the same amount for domestic partner as spousal coverage. Employee contributes for employee plus children pre tax, post tax for domestic partner. Imputed income applies.
Employee contribution Employee imputed income
Total coverage cost $2,838.85 Employee/Spouse funding rate $2,838.85
Employer contribution $2,341.98 Employee only funding rate $1,797.93
Employee cost $496.87 Domestic Partner coverage value $1,040.92
Pre-tax contribution $241.94 Post-tax contribution $254.93
Post-tax contribution $254.93 Imputed income $785.99
Scenario 3
Single employee adds a domestic partner and domestic partner's child(ren)
Single employee adds a domestic partner and domestic partner's child(ren). Employer contributes the same amount for domestic partner as spousal coverage. Employee contributes pre-tax for employee coverage and post-tax for domestic partner and domestic partner's children. Imputed income applies.
Employee contribution Employee imputed income
Total coverage cost $2,838.85 Employee/Spouse funding rate $2,838.85
Employer contribution $2,341.98 Employee only funding rate $950.68
Employee cost $496.87 Domestic Partner coverage value $1,888.17
Pre-tax contribution $26.27 Post-tax contribution $470.60
Post-tax contribution $470.60 Imputed income $1,417.57

Notes:

  • Pinellas County requires coverage of a domestic partner to add domestic partner child(ren).
  • The State of Florida requires coverage for child(ren) age 26 to 30. Pinellas County charges these members the full COBRA rate; therefore, imputed income does not apply.

12/30/22