Following are summaries of costs for coverage.
Monthly contributions for 2024 (full-time and part-time)
|
Monthly contributions |
Employee only |
Employee + spouse/domestic partner |
Employee + child(ren) |
Employee + spouse/domestic partner + child(ren) |
|---|---|---|---|---|
|
$100 |
$250 |
$200 |
$350 |
|
|
Health Plan Plus Hawaii HMO |
$75 |
$190 |
$151 |
$265 |
Monthly contributions for 2024 (full-time and part-time)
|
Monthly contributions |
Employee only |
Employee + spouse/domestic partner |
Employee + child(ren) |
Employee + spouse/domestic partner + child(ren) |
|---|---|---|---|---|
|
Comprehensive Dental |
$16 |
$40 |
$32 |
$56 |
Monthly contributions for 2024
|
Monthly contributions |
Employee only |
Employee + spouse/domestic partner |
Employee + child(ren) |
Employee + spouse/domestic partner + child(ren) |
|---|---|---|---|---|
|
Vision |
$11.27 |
$28.18 |
$22.54 |
$39.45 |
You may contribute between $120 and $3,050 to your health care FSA and between $120 and $5,000 to your dependent care FSA annually.
|
Type of insurance |
Cost |
|
|---|---|---|
|
Basic life |
Merck pays the full cost equal to 1x base pay. Note: You will be required to include the value of basic life insurance coverage in excess of $50,000 as taxable income. |
|
|
All other options
|
Certain life insurance rates are based on your age and salary as well as your smoker/non-smoker status. Your rate is unique to your age and coverage amount, which will be available when you enroll. |
|
To estimate your contributions for optional life and AD&D insurance, and to see how your contributions may change during the year due to any anticipated changes in your base pay or your age, go to NetBenefits.
STD
Generally, Merck provides this benefit at no cost to you. However, you may be required to pay for short-term disability coverage in states with mandated STD coverage. For more information about STD, contact Sedgwick at 855-231-1038.
LTD
The company pays the full cost of LTD coverage for the 60% of base pay options (if you elect LTD coverage on an after-tax basis, the value of your coverage will be treated as taxable income). Changes to your coverage levels are subject to the plan’s evidence of insurability (EOI) and actively-at-work requirements. To understand your LTD costs, contact the Benefits Service Center at 800-66-MERCK (800-666-3725) or go to netbenefits.com/merck. You can also go to NetBenefits for an estimator tool that estimates your monthly 2023 contributions and shows how your contributions may change during the year due to any anticipated changes in your base pay or your age. To understand your LTD coverage, contact New York Life at 800-238-2125.
You pay the full cost of group legal plan coverage. If you elect group legal coverage, all eligible dependents are covered. The following is the monthly contribution.
|
Monthly contributions |
Cost |
|---|---|
|
Group legal |
$15.85 |
To receive free, no obligation quotes, contact Farmer’s at 800-438-6381 or myautohome.farmers.com. Representatives are available Monday through Friday, 8 a.m. to 10:30 p.m. ET, and Saturday, 8 a.m. to 8 p.m. ET
The cost for pet insurance varies based on the level of coverage you select, the type of animal you are covering, and the state in which you live. Go to benefits.petinsurance.com/merck for rates for your pet(s).
877-663-7258
(group number: 76016)
horizonblue.com/merck
808-948-6372
(group number: 93683)
hmsa.com
Generally, your annual base pay, excluding commissions, overtime, bonuses and any special or supplemental pay, adjusted to reflect scheduled hours, if part-time. For union employees with cost-of-living adjustments (COLA), base pay includes COLA.