MMC Benefits Handbook
Costs
The cost of your coverage under each of the insurance benefit plans is listed in the sections that describe each plan.
Will my costs change?
Your costs for coverage may change. Generally, these changes occur each January 1.
The Company reserves the right to change the amount you are required to contribute at any time.
Refer to the individual benefit plan sections for additional information on cost such as whether you pay for contributions on a before- or after-tax basis, taxes and imputed income, where applicable.
Avoiding Taxes with Charitable Beneficiaries
Imputed income does not apply if you designate a qualified charitable organization as the beneficiary of your coverage during the entire calendar year. You must submit proof that the organization meets the IRS definition of a charitable organization.