Annual Benefit's Cost
$0.00
$0.00
?
Estimated based on a 21% corporate tax rate.
Annual ACA Penalty Cost
$0.00
$0.00
?
Represents the potential penalty savings if the employer becomes compliant with ACA Part A and/or Part B.
Annual FICA Tax
$0.00
$0.00
?
Shows the reduction in the employer's FICA tax contribution. This amount is also factored into the 'With RHM' cost calculation.
Managed Health Plan FICA Savings
$0.00
$0.00
?
Based on a conservative estimate of $500 in FICA savings per enrolled employee, annually.
MHP Admin Fee Tax Savings$0.00$0.00
Total
$0.00
$0.00
?
This total includes potential ACA penalty savings. However, for final calculations, penalty savings are excluded if the employer already offers ACA-compliant coverage.