Ex is suppose to be paying me for child’s health insurance premium

[Anonymous]

Our agreement states that my son will be covered through my insurance and that his father will reimburse me the insurance premium amount per month. I let him know this week that my health insurance will be about $500 a month beginning 2019. That covers 2 people so I asked him to pay half of that amount to me per month. He said he would give me $150 because the amount I stated is pretax. Does anyone know how to calculate the true cost of health insurance pre-tax?

[Anonymous]

What’s the difference between you alone and when you add the child. That’s it.

[Anonymous]

You can calculate your tax rate by looking at your tax return from last year.

[Anonymous]

Anonymous wrote:What’s the difference between you alone and when you add the child. That’s it.

+1. Nothing else matters. Don’t overcomplicate this.

[Anonymous]

My job covers me 100%. I’m paying to add my kid and husband which comes out to $500. If I add just one person then it’s something like $350. I’m not trying to over complicate anything. This is the one thing he pays me for my kid. Nothing else.

[Anonymous]

Wait what do I do with tax rate?

[Anonymous]

Anonymous wrote:Wait what do I do with tax rate?

Multiply by $500 then subtract from $500. He should pay 1/2 of that. If you give an approximate income, I can Ball Park it for you.

[Anonymous]

$93k

[Anonymous]

Anonymous wrote:My job covers me 100%. I’m paying to add my kid and husband which comes out to $500. If I add just one person then it’s something like $350. I’m not trying to over complicate anything. This is the one thing he pays me for my kid. Nothing else.

Okay, so you would cover your husband anyway. So ex pays you $150 like he said. It’s whatever the difference between your kid and what you would pay otherwise. I’m not seeing how taxes have anything to do with it.

[Anonymous]

Anonymous wrote:$93k

So your effective tax rate is probably close to 10%.

So, that is basically your pretax savings. So, $450 is your true cost for the insurance. So he should pay $225.

Please note that this is just an educated guess and I would have to know your tax liability to get the real answer.

[Anonymous]

Anonymous wrote:My job covers me 100%. I’m paying to add my kid and husband which comes out to $500. If I add just one person then it’s something like $350. I’m not trying to over complicate anything. This is the one thing he pays me for my kid. Nothing else.

What? Your OP says it’s $500 for just the two of you. Now you’re saying the $500 also includes covering your husband?

[Anonymous]

Thank you for the calculation.

I said my job covers my health insurance 100%. Just for me. But I’ve added my husband and kid. For them I pay $500.

[Anonymous]

So if it's $350 to add your husband, and $500 to include the child, then XH would pay the difference ($150). You're paying $350 regardless to add your husband.

[Anonymous]

Anonymous wrote:So if it's $350 to add your husband, and $500 to include the child, then XH would pay the difference ($150). You're paying $350 regardless to add your husband.

It could also be $350 for the child and $150 for the husband. Which is why they should split it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:So if it's $350 to add your husband, and $500 to include the child, then XH would pay the difference ($150). You're paying $350 regardless to add your husband.

It could also be $350 for the child and $150 for the husband. Which is why they should split it.

Op here, exactly. For years I had only paid for my son. After I got married last year I added my husband. I told him for both it was $500 and a fair assumption would be that it is 50/50 because it doesn't specifically say how much for who.