Oxy provides retiree medical and dental benefits to eligible retirees and their dependents.
Other eligibility requirements apply. Refer to the
Retiree Medical and
Retiree Dental summary plan descriptions for details.
Your medical option is based on your retirement date and location. If you retired after December 31, 2015, you may enroll in the Aetna Retiree Medical Plan only. Western NY Medical Options (HMOs) are only available if you retired before December 31, 2015 and live in the service area.
Available Nationwide Retiree medical benefits are provided through Aetna. This plan offers significant cost savings when you use providers in Aetna's Choice POS II Network. Prescription drug coverage is provided through Express Scripts.
The Aetna Retiree Medical Plan integrates with Medicare to provide the same level of benefits for Medicare-eligible participants as it does for participants who are not Medicare-eligible. That means:
Aetna Retiree Medical Plan for details.
In Western New York, Oxy offers coverage through other medical options such as HMOs (Health Maintenance Organizations). Benefits vary based on whether you are eligible or ineligible for Medicare. Learn more about the Western New York Medical options available to you:
For details, visit the
Independent Health or
BCBS of Western NY websites.
The Retiree Dental Plan promotes and encourages preventive dental care and provides benefits for services that are essential to the proper care of your teeth. The plan is administered by Aetna. It offers significant cost savings when you use providers in Aetna’s Dental PPO/PDN with PPO II network.
As an alternative to the Retiree Dental Plan, you can enroll in the Vital Savings by Aetna program which provides discounts on dental care.
Retiree Dental Plan for more details.
Oxy sets a base contribution rate for retiree medical coverage. Your cost will be one to four times the retiree base contribution, depending on your combined age and service at the time of your retirement and your Medicare eligibility status.
65 to 69
4 times retiree base rate
2 times retiree base rate
70 to 74
3 times retiree base rate
75 to 79
80 and above
1 times retiree base rate
You pay the full cost of Oxy Retiree Dental Coverage.
See 2017 Retiree Health Care Plan Rates.
Billing for the Retiree Medical and Dental plans is administered by PayFlex. Once you've enrolled in your retiree coverages, you can set up payment reminders and electronic fund transfer for premium payments on the
PayFlex website. Contact PayFlex Retiree Billing at
888-678-7835 for more information about the billing process.