How the Plan Works

After you meet the plan deductible, coinsurance kicks in to share the cost. Once you meet your out-of-pocket maximum, the plan pays 100 percent of eligible expenses for the remainder of the year.

The HSA feature of the Hess Medical Plan can help you pay for out-of-pocket costs. Each year you enroll for coverage, Hess puts $500 into your HSA if you have employee only coverage and $1,000 if you have employee + one or employee + family coverage. If you’re a new hire, these amounts are prorated based on the calendar quarter of your hire date.

You can also contribute up to $3,650 (employee only coverage) or $7,300 (employee + one or employee + family coverage) of your own tax-free* money into your HSA. (These amounts may be slightly higher for new hires due to the proration of the company contribution, but total contributions cannot exceed the 2024 annual IRS maximums of $4,150 for an individual or $8,300 for a family.) If you’re age 55 or older, you may contribute an additional $1,000 each year.

You can use the money in your HSA to pay out-of-pocket health care expenses now, or you can save it for later.
*Tax-free for federal tax purposes. State tax treatment may vary.

Understand Your Payment Options

You can choose among pension payment options to meet your personal retirement needs.

Payment options are grouped into “normal” and “optional” forms. Think about the normal form as the default based on your marital status when you leave or retire.

If you are single when you leave or retire, you can choose any form of payment. If you are married and want to choose an optional form of payment other than one of the Joint and Survivor options, your spouse must agree in writing.

After reviewing your payment options, be sure to go online and estimate what your monthly payments will be under each option. Consider your decision carefully because you cannot change the form of payment after payments begin.

Normal Form of Payment

Single Life Annuity

If you are single when benefits begin, the normal form of payment is a single life annuity that provides monthly payments to you for your lifetime. When you die, no further benefits are payable to anyone else.

Qualified Joint and Survivor Annuity

If you are married when your benefits begin, the normal form of payment is a qualified Joint and Survivor annuity. This form pays you a reduced benefit during your lifetime so that when you die, your spouse, if he or she survives you, will receive 50 percent of the benefit you were receiving for the rest of his or her life.

Optional Forms of Payment

You may select one of the following optional forms of payment instead of your normal form. However, if you are married when you leave or retire, your spouse must consent to your election in writing unless you elect one of the Joint and Survivor options.

Single Life Annuity

This is the same as the normal form of payment for a single person. It provides monthly benefits during your lifetime only, with no benefits payable to anyone else after your death.

66%, 75% or 100% Joint and Survivor Options

These options provide reduced monthly benefits during your lifetime so that after your death your designated beneficiary receives a percentage of that reduced monthly benefit for the rest of his or her life. The larger the percentage for your survivor, the less you will receive during your lifetime.

Certain and Continuous Annuity Option (Five or 10 Years)

This payment option provides reduced monthly benefits during your lifetime. If you die before receiving all of your payments during the guaranteed period (five or 10 years), your beneficiary will be paid the same amount you were receiving for the remainder of the guaranteed period. After all the guaranteed payments are made, payments to the beneficiary will stop. The longer the guaranteed period, the greater the reduction in your benefit.

Planning Ahead

Hess provides tools and resources you can use to plan ahead.

SEE WHAT THE PLAN PAYS FOR CARE

You’ll pay less if you go to a doctor, hospital or pharmacy that is in network. Review the chart below to see what’s covered for in-network and out-of-network care.

Adoption Assistance

Security

Medical

Health Savings Account

Cash Accumulation Formula Pension Plan

Hess Benefits Resources

I WANT TO...GO OR CALL HERE...
Primary resources
Manage my MEDICAL, DENTAL, LIFE INSURANCE, DISABILITY INSURANCE & HEALTH SAVINGS ACCOUNT (HSA) benefits
  • Make changes to my benefits
  • Get my benefits questions answered
  • Change my beneficiaries
Empyrean
Empyrean.hess.com
1-877-511-4377, Option 1
Enroll or make a change to my SAVINGS, PENSION & DEFERRED COMPENSATION benefits
  • Enroll in the Savings Plan
  • Change my investment elections
  • Run pension estimates
  • Change my beneficiaries
Fidelity
NetBenefits.com
1-877-511-4377, Option 2
Learn about all of my HESS BENEFITS
  • Find a lot of information, documents and other resources
HessBenefits.com
Find information about our WELLNESS PROGRAM
  • Program details
  • How to earn incentives
  • My accumulated points
  • Articles and videos on wellness topics
SimplyWell
PowerUp.hess.com
1-888-848-3723
Ask HR QUESTIONS about
  • My paycheck
  • U.S. employment verification
  • U.S. leave of absence
  • Education assistance
  • Other HR questions and support
Email: myHR@hess.com
1-713-496-7600
Additional resources
Get assistance with FINANCIAL PLANNING
  • Retirement planning
  • Budgeting
  • Investing
Ayco
Ayco.com/login/hess
1-888-741-2474
Get information about my MEDICAL COVERAGE
  • Find network providers:
    – Medical Network: National PPO (Blue Card PPO)
    – Vision Network: Blue View Vision
  • Get my claims questions answered
  • Request ID cards
Anthem
Anthem.com
Medical: 1-800-854-1834
Vision: 1-866-723-0515
CHAT VIA PHONE WITH A NURSE
  • Get advice on where to go for care
24/7 NurseLine
1-800-700-9184
CHAT VIA VIDEO OR PHONE WITH A PHYSICIAN
  • Get help 24/7 for minor health concerns
LiveHealth Online
livehealthonline.com
Medical: 1-888-548-3432
Psychological: 1-844-784-8409
Get information about my PRESCRIPTION DRUG COVERAGE
  • Find network pharmacies (National Plus network)
  • Get my claims questions answered
  • Get estimates of drug costs
  • Set up mail order delivery
Express Scripts
Express-Scripts.com
1-800-858-1678
Get information about my DENTAL COVERAGE
  • Find network providers (Delta Dental PPO or Delta Dental Premier)
  • Get my claims questions answered
  • Request ID cards
Delta Dental
deltadentalins.com
1-800-932-0783
Get information about my HEALTH SAVINGS ACCOUNT (HSA)
  • View my HSA balance
  • Request for reimbursement or pay my provider
  • Invest my HSA money
Fidelity
NetBenefits.com
1-877-511-4377, Option 2
View information about my DEPENDENT CARE FLEXIBLE
SPENDING ACCOUNT (DCFSA)
  • View my account balance
  • Pay a provider
  • File a claim
WageWorks
WageWorks.com
1-877-924-3967
NAVIGATE THE HEALTH CARE SYSTEM
  • Find qualified providers
  • Get help with medical claims and appeals
Health Advocate
healthadvocate.com/hess
1-877-583-8787
Access the EMPLOYEE ASSISTANCE PROGRAM (EAP)
  • Get help with financial, legal, relationship, family and other life issues
  • Get referrals to professional counselors
Health Advocate
healthadvocate.com/hess
1-877-583-8787
REQUEST A LEAVE OR REPORT AN ABSENCE due to sickness or injury lasting more than five days
  • Short-Term Disability
  • Maternity
  • Family Medical Leave Act (FMLA)
  • Paid Family Leave
Matrix
matrixabsence.com
1-713-496-7600, Option 5

STD Coverage

Hess provides STD coverage at no cost to you. STD coverage replaces all or a portion of your pay if you become unable to work due to an illness or injury lasting more than five days. STD coverage will replace 100 percent of your annual base pay for the first 13 weeks, and then 60 percent of your annual base pay for the next 13 weeks. The maximum 26 weeks of STD benefits satisfies the 26-week waiting period for LTD.

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.