2024 BENEFITS OPEN ENROLLMENT

Enroll October 23–November 3.

Benefits Open Enrollment is your once-a-year opportunity to make changes to your Hess benefits coverage for next year, unless you have a qualified life event that also allows a change. Learn about what’s new and be prepared to enroll.

THOUGHTS AS WE ENTER
A NEW BENEFITS YEAR

With the U.S. economy still in the trenches of inflation, we’re all paying more for things we need: groceries, utilities, transportation and more. And like many goods and services, health care costs have also been increasing — at rates higher than they have been over the last few years. To provide some relief to your household budget, Hess is, once again, absorbing the significant increases in medical and dental costs (9.7 percent and 4 percent respectively). This means your premiums for medical and dental coverage will not change for 2024.

Medical and dental coverage are just part of the comprehensive benefits package you have at Hess, which ranks among the best in our industry. At Hess, you have access to programs and benefits that help you build the life you desire for yourself and your family and support your health in all areas of life: physical, emotional, social and financial.

Please take time to review the information on this site and follow the steps below to get the benefits you and your family need for 2024.

5 Steps to an Easy Enrollment

Review News for 2024

The majority of your benefits are staying the same, but there are a few new things you need to know about. Read on to learn what you can expect in 2024. You can also review this recorded webinar to learn about the 2024 changes.

Medical
  • The bi-weekly cost of coverage will remain the same.
  • Deductibles and out-of-pocket maximums are increasing to remain in compliance with federal regulations that allow us to offer a health savings account-compatible medical plan.
Hess Medical Plan In Network Out of Network
2024 Annual Deductibles
Employee Only $1,600 (+ $100 from 2023) $3,200 (+ $200 from 2023)
Employee + One or Employee + Family $3,200 (+ $200 from 2023) $6,400 (+ $400 from 2023)
2024 Annual Out-of-Pocket Maximums
Employee Only $3,000 (+ $250 from 2023) $6,000 (+ $1,000 from 2023)
Employee + One or Employee + Family $6,000 (+ $500 from 2023) $12,000 (+ $2,000 from 2023)
New Medical ID cards will be issued. Download the Sydney Health app and save your ID cards to your phone. Download the Sydney app from the App Store or Google Play. Questions? Contact Anthem at anthem.com or 1-800-854-1834.
Dental
  • The bi-weekly cost of coverage will remain the same.
  • The dental plan remains the same.
Health Savings Account (HSA)
  • Annual IRS contribution limits are increasing for employee only coverage and family coverage, so you can save more.
  • Employees age 55 and over anytime in 2024 can still contribute an additional $1,000.
HSA 2024 IRS Limits
Employee Only $4,150 (+ $300 from 2023)
Employee + One or Employee + Family $8,300 (+ $550 from 2023)
Catch-up (55+ anytime in 2024) $1,000 additional (same as 2023)
Vision
  • Vision plan coverage is being enhanced.
Hess Vision Plan
Frames allowance increasing to $200 (was $130 in 2023)
Lens copay decreasing to $20 (was $35 in 2023)
Standard contact lens fitting
decreasing to		 $0 (was $55 in 2023)
Life Insurance
  • The cost of Optional Life Insurance is increasing slightly. See how this impacts you when you go to enroll at the Hess Benefits Center at empyrean.hess.com.
Optional Life Insurance
Employee Rates increasing 12 percent to 17 percent depending on your age band
Dependent Spouse/Domestic Partner Rates increasing 3.7 percent across all
age bands
Child(ren) Rates not changing
Family-Building Benefits
Hess will cover more of your cost:

  • The tax-free adoption benefit is increasing to $15,000 from $10,000. Adoption expenses are reimbursable for up to two adoption events while a Hess employee.
  • NEW: We are adding a surrogacy benefit of $15,000 for up to two surrogacy events while a Hess employee. Unlike the adoption benefit, however, this is taxable.

Decide Who to Cover

You can enroll yourself and your family in Hess Benefits. Be sure you know who’s eligible. Enter their Social Security numbers on the Hess Benefits Center at Empyrean and promptly remove any ineligible dependents.

You
You're eligible if you're a full-time employee in the U.S.
Your Spouse/Partner
  • Your legal spouse
  • Your domestic partner (same or opposite gender)
Your Children
  • Your children through the end of the year in which they reach age 26
  • Your disabled children

Consider Your Choices

Think about your benefit needs for next year. Ask yourself questions like:

  • Am I contributing the maximum to my HSA?
  • Should I change my life insurance coverage?
  • Do I want to purchase any voluntary benefit coverage?
  • Are my beneficiary designations up to date?
  • Do I need to adjust my Dependent Care Flexible Spending Account (DCFSA) deduction?

Use Your Resources

Make informed decisions with resources on these websites:

Hessbenefits.com
Find the information you need right here on this website, when you need it, including:

  • The basics about all of your Hess benefits
  • Informational videos
  • Frequently asked questions
My Hess Rewards
This site is updated twice a year. Pay a visit to see the big picture — what you get in terms of compensation and benefits for being part of the Hess team. Are you getting the most from what Hess offers?

GO NOW
The Hess Benefits Center at Empyrean
This is where you go to enroll. It has your personal information, covered dependents, current and available benefit options and costs, and more.

GO NOW

Enroll

You can enroll anytime during the Open Enrollment period.

Enroll Online
  • Go to the Hess Benefits Center at Empyrean and log in.
  • Click the Continue button on the Open Enrollment homepage and follow the instructions on each subsequent page.
  • On the My Family page, be sure to provide the information required for each dependent you want to cover.
  • On the Select Your Benefits Coverage page, make your elections, select who you want to cover and review your per-paycheck cost.
  • On the Review Beneficiary Allocation page, you'll designate a beneficiary for every coverage you elect that requires a beneficiary designation. You will not be able to proceed with enrollment if you do not designate any beneficiaries.
  • Review your elections (including submitting any evidence of insurability) and then confirm and submit your 2024 elections.
Go to Empyrean
Enroll by Phone
Call the Hess Benefits Center at Empyrean at 1-877-511-4377, Option 1, Monday through Friday, 7:30 a.m. – 5:30 p.m. CT, and follow the instructions.
Use the EmpyreanGo App
You can also download the EmpyreanGO app on the App Store or Google Play and use it to review your elections and complete your enrollment.

What Happens if I Don’t Enroll by the Deadline?

Your current elections will continue automatically except for accounts and programs that require an active enrollment.

These Accounts Require an Active Enrollment

Your current election will not carry over, so you’ll need to elect an amount to contribute in 2024. You can do this during Open Enrollment or anytime in 2024.

Your current election will not carry over, so you’ll need to elect an amount to contribute for 2024 during Open Enrollment. Otherwise, changes are allowed only if you have a qualified life event.

This website provides highlights of the Hess Corporation benefits plans and programs for 2024. If there is any discrepancy between the information provided on this website and the official plan documents, the official plan documents will govern. Hess reserves the right to amend or terminate the plans at its discretion at any time.

© 2024 Hess Corporation