Cost of Coverage
You pay the full cost of coverage under the Vision Plan — JPMorgan Chase does not pay any share of the cost. You pay for coverage in equal installments through payroll contributions with before-tax dollars.
The amount you pay via payroll contributions depends on the "coverage level" you choose (described under "Coverage Levels" in the Health Care Participation section).
Your contributions toward the cost of coverage start when your coverage begins. Your contributions are automatically deducted from your pay.
If you have coverage but are away from work because of an unpaid sickness or leave of absence, you will be directly billed by JPMorgan Chase for any required contributions on an after-tax basis.