Employer Savings Example
Savings Per Employee Per Month: $91.80 Per year: $1,101.60
With HealthCues With HealthCues
Without HealthCues Without HealthCues
Difference Difference
Gross Income
$2,600.00
$2,600.00
0.00
HealthCues Pre-Tax Premium
$0.00
$1,200.00
$1,200.00
Administration Cost Per Employee* Per Month: $40 Per Year: $480
Employee’s Monthly Gross Taxable Income
$2,600.00
$1,400.00
$1,200.00
Employer’s Monthly FICA Contributions
$198.90
$107.09
$91.80
Employer’s Annual FICA Contributions
$2,386.80
$1,285.20
$1,101.60
Gross Annual Employer’s Savings
$0.00
$1,101.60
$1,101.60
Annual Employer Savings Annual Employer Savings Annual Employer Savings
On Plan 1200 Employee Premium
$1,200.00
$621.60
Net Annual Employer’s Savings Per Employee
Net Savings Per Employee After HealthCues Fee
On Plan 900 Employee Premium
$900.00
$346.20
Per Month: $51.80 Per Year: $621.60
On Plan 750 Employee Premium
$750.00
$208.50
This material has been prepared for informational purposes only and is not intended to provide, and should not be relied on for tax, legal or accounting advice. Employees and employers should consult their own tax, legal and accounting advisors before engaging in any transaction. The above is an example using sample information. HealthCues can not guarantee the same favorable tax outcome in all situations as federal and state tax laws are continuously changing. The benefits paid under this program may be taxable income. We recommend each group seek tax advice from a professional advisor prior to purchasing. *The administration cost is a separate fee charged to the employer.
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