Medical MutualELIGIBILITY: Same as Medical Coverage EFFECTIVE DATE: Same as Medical Coverage DESCRIPTION: Two types of coverage are available Un-reimbursed Medical and Dependent Child Care. An employee sets aside pre-taxed dollars to be reimbursed for these types of expenses. This creates a tax savings and reduces the employees taxable income. All employees must complete a Flexible Benefits Enrollment Form (PDF). Maximum Contributions: Health Care Account: $3,500 Dependent Care Account: $2,500 or $5,000 if married, filing jointly, on tax return. COST: Paid entirely by employee. |