On each paycheck, you contribute funding to cover these costs; however, this covers only a fraction of the total cost. Most of the cost is paid by the company.
View the 2023 associate contributions for Medical, Dental, and Vision benefits below:
2023 Medical associate Bi-weekly Contributions | |||
---|---|---|---|
CDHP | Basic PPO | Enhanced PPO | |
associate | $26.44 | $26.44 | $57.18 |
associate + Spouse/Domestic Partner | $117.24 | $117.24 | $181.80 |
associate + Child(ren) | $74.85 | $74.85 | $133.26 |
associate + Spouse/Domestic Partner + Child(ren) | $166.38 | $166.38 | $261.67 |
TIP: Think about the whole cost. When choosing a medical plan, it’s important to think about the whole cost of coverage — the amount you’ll spend out of your paycheck, as well as out of your pocket (co-pays, deductibles, and coinsurance).
2023 Dental associate Bi-weekly Contributions | ||
---|---|---|
Basic Plan | Enhanced Plan | |
associate | $6.95 | $10.46 |
associate + Spouse/Domestic Partner | $14.59 | $21.97 |
associate + Child(ren) | $13.20 | $19.88 |
associate + Spouse/Domestic Partner + Child(ren) | $21.54 | $32.44 |
2023 Vision associate Bi-weekly Contributions | |
---|---|
Vision Plan | |
associate | $1.41 |
associate + Spouse/Domestic Partner | $2.85 |
associate + Child(ren) | $3.43 |
associate + Spouse/Domestic Partner + Child(ren) | $5.10 |
COBRA participants: View your 2023 Medical, Dental, and Vision costs of coverage.
View the 2023 associate contributions for Supplemental Life Insurance and Accidental Death and Personal Loss (AD&PL) Insurance and Supplemental Long Term Disability (LTD) below:
2023 associate Voluntary Supplemental Life/AD&PL Insurance Costs | |
---|---|
associate’s Age as of January 1, 2023 | Bi-weekly Cost per $1,000 of Coverage (post-tax) |
<30 | $0.02 |
30-34 | $0.03 |
35-39 | $0.03 |
40-44 | $0.04 |
45-49 | $0.06 |
50-54 | $0.08 |
55-59 | $0.12 |
60-64 | $0.16 |
65-69 | $0.23 |
70-74 | $0.47 |
75-79 | $0.75 |
80+ | $0.75 |
2023 Coverage Options Available for Dependent Life/AD&PL – Spouse/Domestic Partner | |
---|---|
Coverage Option | Bi-weekly Cost (post-tax) |
$25,000 | $1.08 |
$50,000 | $2.15 |
$75,000 | $3.22 |
$100,000 | $4.29 |
$125,000 | $5.37 |
$150,000 | $6.44 |
$175,000 | $7.51 |
$200,000 | $8.58 |
$225,000 | $9.66 |
$250,000 | $10.73 |
2023 Coverage Options Available for Dependent Life – Children | |
---|---|
Coverage Option | Bi-weekly Cost (post-tax) |
$10,000 child only | $0.51 |
$20,000 child only | $1.02 |
2023 Coverage Options Available for Supplemental LTD | |
---|---|
Coverage Option | Bi-weekly Cost (post-tax) |
Additional 20% of Annual Benefits Salary to provide 70% of total Annual Benefits Summary replacement | $0.128 per $100 of your monthly benefits salary |
In accordance with IRS regulations, there are unique cost considerations for those associates who cover a domestic partner. The key considerations are:
Capital One will provide associates with a domestic partner (under our medical, dental and vision plans) a gross-up amount to help cover the taxes owed on these benefits. If you have indicated on IRS Form W-4 that you are exempt from federal income tax withholding, no gross-up will be applied. Similarly, if you have indicated that you are exempt from state tax withholding, no state gross-up will be provided.
Not sure if your domestic partner qualifies for coverage? See domestic partner criteria here.