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For Your Children

Optional Child Family Accident coverage is 15% of your coverage to a maximum of $50,000

For Your Spouse

Optional Spouse Family Accident coverage is 60% of your coverage

For You

You can elect coverage from $10,000 to $1 million in $10,000 increments, but no more than 10x your annual base salary

For You

LTD coverage replaces 60 percent of your annual base pay up to a maximum benefit payment of $12,000 per month.

So, if your base pay is $240,000 or less, you’ll have coverage that replaces 60% of your base pay up to $12,000 per month. However, if your base pay is over $240,000, your monthly LTD benefit will be capped at $12,000.

For Your Children

You must elect Optional Life for yourself first. The amount of coverage depends on the age of the child:

Age 14 days to 6 months: up to $5,000 per child
Age 6 months to 26 years: up to $20,000 per child

For Your Spouse/Partner

You must elect Optional Life for yourself first. Optional Spouse Life coverage is 50% of your Optional Life coverage, up to a maximum of $100,000 (evidence of insurability is required for amounts over $50,000).

For You

You can elect one to four times your annual base salary, up to the maximum coverage of $1.5 million with a guaranteed issue amount of $1,000,000 with no evidence of insurability required

For You

Basic Life Insurance is equal to two times your annual base salary (rounded up to the nearest $1,000), up to the maximum coverage of $1.5 million

Can I take my money with me if I leave Hess?

Yes. Your HSA belongs to you, and you may leave it with Fidelity.

Can I use HSA money next year if I waive coverage?

Yes. You can continue to use the HSA money for eligible health care expenses. However, you cannot contribute to the HSA when you are no longer covered by a high deductible plan.