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BMO U.S. Benefits

Medical Premiums

You and BMO share the cost of your health care coverage.
Your premium is based on the dependents you cover.

Active Employees

If you enroll in coverage for yourself and your dependents, including a domestic partner who is your tax dependent, your medical premiums are deducted before taxes from the first and second paycheck of each month.

2020 Medical Monthly Premiums
Deducted before-tax
Coverage Level
Consumer Choice Plan1
Aetna International Medical Plan(Expat Only)
Employee Only$141.00$141.00
Employee + Spouse or
Tax-Dependent Domestic Partner
$326.00
$326.00
Employee + Child(ren)$269.00$269.00
Employee + Family$410.00$410.00
  1. The Consumer Choice Plan is administered by Blue Cross Blue Shield in Illinois, and UnitedHealthcare in all other states.
  2. Enrollment in the Aetna International Medical Plan is a combined enrollment with the Aetna International Dental Plan.

Non-Tax Dependent Domestic Partner

If you enroll a non-tax dependent domestic partner, their premiums are deducted from your pay after  taxes. The BMO-paid portion of your partner's premium is considered imputed income, so you pay FICA and income taxes on that amount.

2020 Medical Monthly Premiums
Deducted after-tax
Coverage Level
Before-Tax Premium After-Tax Premium Imputed Income
Consumer Choice
Imputed Income Aetna International
Employee + Non-Tax-Dependent
Domestic Partner
$141.00+$185.00$561.33$1,102.37
Employee + Family$225.00
+$185.00$561.33$1,102.37

More about premiums

Your own premium is always before-tax. Children of your domestic partner may enroll only if they are your tax dependents, so their premiums are always before-tax, too.


Need assistance?

Call the Human Resources Centre
1-888-927-7700
Monday through Friday, from 8 a.m. to 5 p.m. CT