HOW THE PHMP HELPS YOU SAVE

Both the PHMP deduction and the Benefit Payment put more money in your paycheck. The Plan Premium is deducted pre-tax, which lowers your taxable income — saving you even more money. The Benefit Payment covers the entire cost of the Proactive Health Management Plan and increases your take-home pay.

Before the PHMP

$960.00

Gross Income

EQUALS

$960.00

Taxable Income

MINUS

$179.39

Taxes

$780.62

Take-Home Pay

AFTER the PHMP

$960.00

Gross Income

MINUS

$348.46

PHMP 125 Deduction

EQUALS

$611.54

Taxable Income

MINUS

$101.67

Taxes

PLUS

$288.46

PHMP Indemnity

$798.34

Take-Home Pay

The examples in this document are based on sample data representative of a single-0, $12/hour, 40 hours/week, $24,960 Annual Gross tax filing. To determine your individual benefit, call (866) 673-2140 and speak to an Enrollment Specialist.