Retiree Benefits

Contacts

Marathon Oil Benefits Service Center
Customer Service Number: 1-855-652-3067
Email: AskHR@marathonoil.com
Marathon Oil Benefits Enrollment Portal
Website: marathonoil.bswift.com
Pre-65 Health Plan administered by: UnitedHealthcare®
Customer Service Number: 1-888-266-4066
Website: www.myuhc.com
Post-65 Medicare Supplement Plan administered by: Via Benefits
Customer Service Number: 1-844-686-0481
Website: https://my.viabenefits.com/marathonoilcompany
Pre-65 Prescription Drug Coverage administered by: Express Scripts
Customer Service Number: 1-800-841-3423
Website: www.express-scripts.com
Pre-65 Dental Plan administered by: Cigna Dental
Customer Service Number: 1-800-244-6224
Website: www.mycigna.com
Pre-65 Vision Plan administered by: UnitedHealthcare® Vision
Customer Service Number: 1-800-638-3120
Website: www.myuhcvision.com
Pre-65 Retiree and COBRA Billing/Payments: UHC
Customer Service Number: 1-866-747-0048
Website: www.uhcservices.com
Life Insurance administered by: Minnesota Life
Customer Service Number: 1-877-282-1752
Website: www.lifebenefits.com
Marathon Oil Company Benefits Service Center at Fidelity
Phone: 1-800-841-0213
Website: www.netbenefits.com/MarathonOil

Retiree 2019 Benefits Open Enrollment

2019 Benefits Open Enrollment, November 1-15, 2018, is your last chance to enroll in Marathon Oil’s Pre-65 Retiree Benefits.

If you’re not currently enrolled in Marathon Oil’s Pre-65 Retiree Benefit Plans, the 2019 Open Enrollment window is your final opportunity! Marathon Oil is closing the eligibility window for retirees and dependents to enroll in the Pre-65 Retiree Medical, Dental and Vision Assistance Plans (Pre-65 Retiree Benefit Plans) after Open Enrollment. If you, your spouse or your dependents are not currently enrolled in Marathon Oil retiree benefits under the Pre-65 Retiree Benefit Plans and you do not enroll between November 1-15, 2018, you will not have another opportunity to enroll at a later date.

If you’re already enrolled in Marathon Oil’s Pre-65 Retiree Benefits Plans, your benefit elections will roll over if you take no action during Open Enrollment. Please note, if you cancel your coverage in Pre-65 Retiree Benefit Plans for the 2019 Plan year, you will not be eligible to rejoin the plan at a later date.

Review the communications below for more information about 2019 Pre-65 Retiree Benefits.

Post-65 Retirees can enroll or make changes to their 2019 benefit elections by contacting Via Benefits at 1-844-686-0484. You should receive annual Open Enrollment materials in the mail from Via Benefits directly.

NEW Marathon Oil Benefits Enrollment Portal

To enroll in Marathon Oil’s Pre-65 Retiree Benefit Plans, log on to the Marathon Oil Benefits Enrollment Portal, marathonoil.bswift.com, or call the Marathon Oil Benefits Service Center at 1-855-652-3067 (option 1) between November 1-15, 2018.

You will need your Employee ID number to enroll. If you do not know your Employee ID number, or wish to enroll over the phone call, 1-855-652-3057, option 1.

You will not be able to enroll, or see 2019 Plan information, in the Marathon Oil Benefits Enrollment Portal until Benefits Open Enrollment begins on November 1, 2018.

Pre-65 Retiree Enrollment

2019 Health Plan Comparison Chart

The following provides an overview of the medical benefits offered under our pre-65 Health Plan options for 2019.

2019 Marathon Oil Health Plan Options Comparison
HIP Value HIP Plus
In-Network1 Out-of-Network In-Network1 Out-of-Network
Individual Deductible (Retiree Only coverage; combined with prescription drug) $1,350 $4,050 $2,000 $4,000
Family2 Deductible (Retiree + coverage; combined with prescription drug) $2,700 $8,100 $4,000 $8,000
Coinsurance Plan pays 85% Plan pays 50% Plan pays 80% Plan pays 50%
Individual Out-of-Pocket Maximum (combined with prescription drug) $2,700 $8,100 $4,000 $8,000
Family2 Out-of-Pocket Maximum (combined with prescription drug) $5,400 $16,200 $6,850 $16,000
Preventive Services Plan pays 100% (no deductible) You pay 50% after deductible is met, plus any amount over Reasonable & Customary3 Plan pays 100% (no deductible) You pay 50% after deductible is met, plus any amount over Reasonable & Customary3
Emergency Room Services (if NOT admitted to hospital) Plan pays 85% after deductible is met Plan pays 80% after deductible is met

1 In-network provisions apply if you live in an area with no access to in-network providers.

2 Applies to Retiree + Spouse/Domestic Partner, Retiree + Children, and Retiree + Spouse/Domestic Partner + Children coverage.

3 A “Reasonable & Customary” charge is the amount customarily charged for a given service by other physicians in the area (often defined as a specific percentile of all charges in the community), and the reasonable cost of services for a given patient after review of the case.

2019 Pre-65 Retiree Health Plan Rates

Marathon Oil has a retiree subsidy program based on your years of service with the Company. Currently, we determine the Marathon Oil subsidy toward you Retiree Health Plan premium using the 4% accrual method, which provides a 4% Company subsidy for each year of service after age 30; these are referred to as points. The amount of subsidy or points you will receive is determined as of your retirement date. See the rate chart below to determine how much you will pay for Health Plan coverage in 2019 based on your points, Health Plan option and coverage level.

2019 Pre-65 Retiree Dental and Vision

Pre-65 Retiree Dental Plan

The Pre-65 Retiree Dental Plan is administered by Cigna Dental. When you need dental care, you can see any licensed dentist; however, if you receive care from an in-network Cigna PPO dentist, you pay a discounted rate for services.

Pre-65 Retiree Dental Plan
In-Network Out-of-Network2
Calendar-Year Maximum (per person)
  $1,000 $1,000
Calendar-Year Deductible
  • Individual
$50 $50
Preventive & Diagnostic Care1
  • Oral exams
  • Cleanings
  • Routine and non-routine X-rays
  • Fluoride application (limited to persons less than 19 years old)
  • Sealants
  • Space maintainers (limited to non-orthodontic treatments)
  • Emergency care to relieve pain
Plan covers 100% (no deductible) Plan covers 100% (no deductible)
Basic Restorative Care
  • Fillings
  • Oral Surgery
  • Surgical Extraction of Impacted Teeth
  • Anesthetics
  • Major and Minor Periodontics
  • Root Canal Therapy/Endodontics
  • Relines, Rebases and Adjustments
  • Repairs: Bridges, Crowns and Inlays
  • Repairs: Dentures
You pay 20% after deductible is met You pay 20% after deductible is met
Major Restorative Care
  • Crowns/Inlays/Onlays
  • Dentures
  • Bridges
You pay 50% after deductible is met You pay 50% after deductible is met
Orthodontic Care
  Not covered Not covered

1 Coverage based on Reasonable and Customary charges.

2 The Out-of-network reimbursement amounts are limited to the amount that the plan would reimburse for in-network care. As a result, individuals who use out-of-network dentists will be required to pay the balance of the charges not paid by the plan, otherwise known as "balance billing."

Pre-65 Retiree Dental Rates

Below are the 2019 monthly pre-65 retiree contribution amounts for dental coverage.

2019 Pre-65 Retiree Dental Plan Monthly Contributions
Retiree Retiree + Spouse/
Domestic Partner
Retiree + Children Retiree + Spouse/
Domestic Partner + Children
Cigna Dental PPO $29 $59 $63 $98

Pre-65 Vision Assistance Plan - NEW

The Marathon Oil Vision Assistance Plan will be administered by VSP – a top-rated provider with excellent customer service. VSP has a wider network of providers, which should make it easier for you to access care. Through VSP you have increased frame and contact lens allowances, and you can access VSP’s Exclusive Member Extras offering more than $2,500 in savings through discounts on lenses and frames, contacts, LASIK, and hearing aids. You can also enjoy many other discounts including travel and leisure activities. Visit vsp.com/specialoffers to learn more.

Your Vision Assistance Plan ID card will be available on vsp.com. ID cards will not be mailed.

VSP Plan
Benefit Description Copay Frequency
Your Coverage with a VSP Provider
WellVision Exam
  • Focuses on your eyes and overall wellness
$20 for exam and glasses Every calendar year
Prescription Glasses
Frame
  • $150 allowance for a wide selection of frames
  • $170 allowance for featured frame brands
  • 20% savings on the amount over your allowance
Combined with exam Every other calendar year
Lenses
  • Single vision, lined bifocal, and lined trifocal lenses
  • Polycarbonate lenses (dependent children)
Combined with exam Every calendar year
Lens Enhancements
  • Standard progressive lenses
  • Premium progressive lenses
  • $0
  • $95 - $105
Every calendar year
Contact Lenses (in lieu of prescription glasses)
  • $150 allowance for contacts and contact lens exam (fitting and evaluation)
  • 15% savings on a contact lens exam (fitting and evaluation)
  Every calendar year

Pre-65 Retiree Vision Rates

Below are the 2019 monthly pre-65 retiree contribution amounts for vision coverage.

2019 Pre-65 Retiree Vision Plan Monthly Contributions
Retiree Retiree + Spouse/
Domestic Partner
Retiree + Children Retiree + Spouse/
Domestic Partner + Children
VSP Plan $5.15 $9.35 $9.80 $15.00

2019 Pre-65 Retiree Prescription Drug Benefits

The following chart highlights the prescription drug benefits offered as part of the Pre-65 Health Plan options. Note that eligible preventive drugs are covered differently under the two HIP Options. Review the list in the link below for eligible preventive drugs.

2019 Prescription Drug Benefits
HIP Value: Non-Preventive Drugs
Plan Feature Retail and Mail Order
In-Network Deductible
(combined with medical)
$1,350 individual / $2,700 family
Generic, Formulary and Non-Formulary You pay 15% after the deductible is met
Out-of-Pocket Maximum
(combined with medical)
$2,700 individual / $5,400 family
HIP Plus: Non-Preventive Drugs
Plan Feature Retail and Mail Order
In-Network Deductible
(combined with medical)
$2,000 individual / $4,000 family
Generic, Formulary and Non-Formulary You pay 20% after the deductible is met
Out-of-Pocket Maximum
(combined with medical)
$4,000 individual / $6,850 family

Note that eligible preventive drugs are covered differently under the HIP options (see below).

HIP Value: Eligible Preventive Drugs
Plan Feature Retail Mail Order
In-Network Deductible No deductible No deductible
Generic You pay 15%
($5 minimum)
You pay 15%
($10 minimum, $200 maximum)
Formulary You pay 15%
($25 minimum)
You pay 15%
($50 minimum, $200 maximum)
Non-Formulary You pay 50%
($35 minimum)
You pay 50%
($100 minimum)
Out-of-Pocket Maximum $2,700 individual / $5,400 family
HIP Plus: Eligible Preventive Drugs
Plan Feature Retail Mail Order
In-Network Deductible No deductible No deductible
Generic You pay 20%
($5 minimum)
You pay 20%
($10 minimum, $200 maximum)
Formulary You pay 20%
($25 minimum)
You pay 20%
($50 minimum, $200 maximum)
Non-Formulary You pay 50%
($35 minimum)
You pay 50%
($100 minimum)
Out-of-Pocket Maximum $4,000 individual / $6,850 family

Pre-65 Retiree Prescription Benefits – Generic Election Provision

If you purchase a brand-name drug when a generic is available, you’ll pay the designated coinsurance for the generic drug, plus 100% of the difference in price between the generic and brand-name drug.

Pre-65 Retiree Prescription Benefits – Maintenance Drugs — Incentive Provision

Do you have an ongoing prescription you use on a regular basis? Save money and time by ordering it online through Express Scripts mail order and having it delivered directly to your home.

To encourage the use of mail order, the cost for the 4th and subsequent fills of a “maintenance drug” purchased at a participating retail pharmacy will be higher, as shown in the chart below.

At Fourth Fill and After...
Type of Maintenance Medication Plan Pays Member Pays
Generic Drugs 60% 40%
Formulary Brand-Name Drugs 60% 40%
Non-Formulary Brand-Name Drugs 20% 80%

What Are My Retiree Health Plan Options?

The options available to you as a retiree depend on your age. If you and/or your covered spouse are not yet 65, you will participate in the Pre-65 Health Plan, which offers essentially the same choices you had as an active employee. If you and/or your covered spouse have turned 65 – or when you do turn 65 – you will participate in the Post-65 Health Plan, which is a Medicare Supplement Plan.

Pre-65 Retiree Coverage

The Marathon Oil Company Health Plan offers Pre-65 retirees, who are not eligible for Medicare, two options: the HIP Value Option and the HIP Plus Option. Both options:

  • Offer care through UnitedHealthcare’s extensive provider network.
  • Cover the same medical services.
  • Allow you to use out-of-network providers (and pay more for services).

The primary difference between the options is how and when you pay your share of health care costs.

Note: If you live an area with no access to in-network providers, you will be eligible for the Out-of-Area Options. Coverage under these plan options is the same as the in-network provisions of the HIP Value Option and the HIP Plus Option. Your enrollment materials will indicate if these are options for you.

Pre-65 Retiree Health Plan Comparison Chart

The following provides an overview of the medical benefits offered under our Health Plan options for 2018.

2018 Marathon Oil Health Plan Options Comparison
HIP Value HIP Plus
In-Network1 Out-of-Network In-Network1 Out-of-Network
Individual Deductible (Retiree Only coverage; combined with prescription drug) $1,350 $4,050 $2,000 $4,000
Family2 Deductible (Retiree + coverage; combined with prescription drug) $2,700 $8,100 $4,000 $8,000
Coinsurance Plan pays 85% Plan pays 50% Plan pays 80% Plan pays 50%
Individual Out-of-Pocket Maximum (combined with prescription drug) $2,700 $8,100 $4,000 $8,000
Family2 Out-of-Pocket Maximum (combined with prescription drug) $5,400 $16,200 $6,850 $16,000
Preventive Services Plan pays 100% (no deductible) You pay 50% after deductible is met, plus any amount over Reasonable & Customary3 Plan pays 100% (no deductible) You pay 50% after deductible is met, plus any amount over Reasonable & Customary3
Emergency Room Services (if NOT admitted to hospital) Plan pays 85% after deductible is met Plan pays 80% after deductible is met

1 In-network provisions apply if you live in an area with no access to in-network providers.

2 Applies to Retiree + Spouse/Domestic Partner, Retiree + Children, and Retiree + Spouse/Domestic Partner + Children coverage.

3 A “Reasonable & Customary” charge is the amount customarily charged for a given service by other physicians in the area (often defined as a specific percentile of all charges in the community), and the reasonable cost of services for a given patient after review of the case.

Pre-65 Retirees – HIP Plus Option

If you typically need only preventive care with a couple of additional doctor visits and have no serious chronic illnesses, you could save money with the HIP Plus Option.

The HIP Plus Option has lower retiree contributions than the HIP Value Option, but the deductibles are higher and the in-network coinsurance level is lower.

Post-65 Retiree Coverage

Post-65 Retirees will have the option to enroll in a Medicare supplement or advantage plan through Via Benefits. This allows retirees to choose a Medicare compatible health plan that best meets their individual needs. If you have questions about enrolling in a plan or your current election please contact Via Benefits at 1-844-686-0481 or https://my.viabenefits.com/marathonoilcompany.

Retiree Health Plan Rates

We understand that your needs for medical care, and the resulting costs, can increase as you age. To help lower your out-of-pocket costs, Marathon Oil designed a retiree subsidy program based on your years of service with the Company.

Currently, we determine the Marathon Oil subsidy toward your Retiree Health Plan premium using the 4% accrual method, which provides a 4% Company subsidy for each year of service after age 30. The amount of subsidy you will receive is determined as of your retirement date. For example, if you started working at Marathon Oil when you were 45, and you now retire at age 65, the Company will subsidize 80% of your premiums (4% x 20 years).

You can use the chart in the link below to determine how much you will pay for retiree coverage in 2018 based on your years of service, Health Plan option, and coverage level.

What Are the Retiree Prescription Drug Benefits?

A health plan wouldn’t be complete without a comprehensive prescription drug benefit package. Pre-65 retiree prescription drug coverage is managed by Express Scripts. To help ensure the lowest costs possible, all prescription and self-injectable drugs must be purchased through a participating retail network pharmacy or through Express Scripts Mail Order. As required under the Affordable Care Act (ACA), the plan pays 100% for certain designated drugs.

For information on mail order, to review generic and brand-name drugs on Express Scripts’ formulary, or to obtain more information on the prescription drug benefit, go to www.express-scripts.com.

Pre-65 Retiree Prescription Drug Benefits

The following chart highlights the prescription drug benefits offered as part of the Pre-65 Health Plan options. Note that eligible preventive drugs are covered differently under the two HIP Options. Review the list in the link below for eligible preventive drugs.

2018 Prescription Drug Benefits
HIP Value: Non-Preventive Drugs
Plan Feature Retail and Mail Order
In-Network Deductible
(combined with medical)
$1,350 individual / $2,700 family
Generic, Formulary and Non-Formulary You pay 15% after the deductible is met
Out-of-Pocket Maximum
(combined with medical)
$2,700 individual / $5,400 family
HIP Plus: Non-Preventive Drugs
Plan Feature Retail and Mail Order
In-Network Deductible
(combined with medical)
$2,000 individual / $4,000 family
Generic, Formulary and Non-Formulary You pay 20% after the deductible is met
Out-of-Pocket Maximum
(combined with medical)
$4,000 individual / $6,850 family

Note that eligible preventive drugs are covered differently under the HIP options (see below).

HIP Value: Eligible Preventive Drugs
Plan Feature Retail Mail Order
In-Network Deductible No deductible No deductible
Generic You pay 15%
($5 minimum)
You pay 15%
($10 minimum, $200 maximum)
Formulary You pay 15%
($25 minimum)
You pay 15%
($50 minimum, $200 maximum)
Non-Formulary You pay 50%
($35 minimum)
You pay 50%
($100 minimum)
Out-of-Pocket Maximum $2,700 individual / $5,400 family
HIP Plus: Eligible Preventive Drugs
Plan Feature Retail Mail Order
In-Network Deductible No deductible No deductible
Generic You pay 20%
($5 minimum)
You pay 20%
($10 minimum, $200 maximum)
Formulary You pay 20%
($25 minimum)
You pay 20%
($50 minimum, $200 maximum)
Non-Formulary You pay 50%
($35 minimum)
You pay 50%
($100 minimum)
Out-of-Pocket Maximum $4,000 individual / $6,850 family

Pre-65 Retiree Prescription Benefits – Generic Election Provision

If you purchase a brand-name drug when a generic is available, you’ll pay the designated coinsurance for the generic drug, plus 100% of the difference in price between the generic and brand-name drug.

Pre-65 Retiree Prescription Benefits – Maintenance Drugs — Incentive Provision

Do you have an ongoing prescription you use on a regular basis? Save money and time by ordering it online through Express Scripts mail order and having it delivered directly to your home.

To encourage the use of mail order, the cost for the 4th and subsequent fills of a “maintenance drug” purchased at a participating retail pharmacy will be higher, as shown in the chart below.

At Fourth Fill and After...
Type of Maintenance Medication Plan Pays Member Pays
Generic Drugs 60% 40%
Formulary Brand-Name Drugs 60% 40%
Non-Formulary Brand-Name Drugs 20% 80%

Post-65 Retiree Prescription Drug Benefits

Post-65 Retirees will have the option to enroll in a prescription drug plan as part of their health plan enrollment through One Exchange. This allows retirees to choose a Medicare compatible prescription drug plan that best meets their individual needs. If you have questions about enrolling in a plan or your current election please contact One Exchange at 1-844-686-0481.

Pre-65 Retiree Dental and Vision Plans

If looking forward to retirement is making you smile, you’ll want to be sure to continue your regular dental and vision health regimen. Marathon Oil makes that easy for you with our retiree dental and vision plans for pre-65 retirees and their families.

Pre-65 Retiree Dental Plan

We all know that prevention is key. By maintaining a proper dental health regimen and visiting a dentist every six months, you can prevent a host of oral diseases such as tooth decay and gingivitis. Marathon Oil’s Dental PPO Plan aids in this prevention strategy by covering preventive, diagnostic, basic and major reconstructive services with a minimal deductible.

The Pre-65 Retiree Dental Plan is administered by Cigna Dental. When you need dental care, you can see any licensed dentist; however, if you receive care from an in-network Cigna PPO dentist, you pay a discounted rate for services.

Pre-65 Retiree Dental Plan
In-Network Out-of-Network1
Calendar-Year Maximum (per person)
  $1,000 $1,000
Calendar-Year Deductible
  • Individual
$50 $50
Preventive & Diagnostic Care
  • Oral exams
  • Cleanings
  • Routine and non-routine X-rays
  • Fluoride application (limited to persons less than 19 years old)
  • Sealants
  • Space maintainers (limited to non-orthodontic treatments)
  • Emergency care to relieve pain
Plan covers 100% (no deductible) Plan covers 100% (no deductible)
Basic Restorative Care
  • Fillings
  • Oral Surgery
  • Surgical Extraction of Impacted Teeth
  • Anesthetics
  • Major and Minor Periodontics
  • Root Canal Therapy/Endodontics
  • Relines, Rebases and Adjustments
  • Repairs: Bridges, Crowns and Inlays
  • Repairs: Dentures
You pay 20% after deductible is met You pay 20% after deductible is met
Major Restorative Care
  • Crowns/Inlays/Onlays
  • Dentures
  • Bridges
You pay 50% after deductible is met You pay 50% after deductible is met
Orthodontic Care
  Not covered Not covered

1 The Out-of-Network reimbursement amounts are limited to the Maximum Allowable Charge (MAC) which is based on the average Core Network contracted rates in the area.

Pre-65 Retiree Dental Plan Rates

Below are the 2018 monthly pre-65 retiree contribution amounts for dental coverage.

2018 Pre-65 Retiree Dental Plan Monthly Contributions
Retiree Retiree + Spouse/
Domestic Partner
Retiree + Children Retiree + Spouse/
Domestic Partner + Children
Cigna Dental PPO $28 $58 $62 $97

Pre-65 Retiree Vision Plan

No matter your age, we don’t want you to lose sight of the importance of annual eye exams. At Marathon Oil, our Vision Plan includes coverage for exams, frames and lenses or contacts. If you seek care through a UnitedHealthcare Vision in-network provider, you’ll receive a higher level of benefits and won’t have to file a claim form. You can see an out-of-network provider; however, you’ll pay more for services and will have to file a claim for reimbursement.

Pre-65 Retiree Vision Plan
Plan Features In-Network Out-of-Network
Frequency of Services
  • Exam
  • Lenses/Contacts
  • Frames
  • Once every calendar year
  • Once every calendar year
  • Once every other calendar year
  • Once every calendar year
  • Once every calendar year
  • Once every other calendar year
Exams and Materials
  • Exam
  • $10 copay
  • Up to a maximum allowance of $35
  • Frames
  • $10 copay*; $120 retail frame allowance
  • Up to a maximum allowance of $45
Lenses
  • Single Vision
  • Bifocal
  • Trifocal
  • $10 copay*
  • $10 copay*
  • $10 copay*
  • Up to a maximum allowance of $25
  • Up to a maximum allowance of $40
  • Up to a maximum allowance of $55
  • Contact Lenses (in lieu of prescription glasses)
  • Up to a maximum allowance of $105
  • This benefit applies to one order of contact lenses per calendar year
  • Up to a maximum allowance of $105
  • This benefit applies to one order of contact lenses per calendar year

* If you purchase frames and eyeglass lenses at the same time from the same network provider, only one $10 copay will apply to both together.

Pre-65 Retiree Vision Plan Rates

Below are the 2018 monthly pre-65 retiree contribution amounts for vision coverage.

2018 Pre-65 Retiree Vision Plan Monthly Contributions
Retiree Retiree + Spouse/
Domestic Partner
Retiree + Children Retiree + Spouse/
Domestic Partner + Children
UnitedHealthcare Vision Plan $6.69 $11.39 $12.09 $18.07

Thinking About Retirement?

You have worked your entire life to reach the exciting next phase — retirement. If you’re beginning to contemplate retirement, Marathon Oil wants to make sure that you have the information you need to make the right decisions for a successful transition. See the Tip Sheet below for details on what you need to consider if you’re preparing for retirement.

How to Update Your Contact Information

Please keep us up-to-date on where you are! If you move, whether it is permanent or a temporary move for a season, we ask that you update your address and phone number. We need your current information so we can stay in contact and deliver important communications to you regarding your benefits.

You can contact the Marathon Oil Benefits Department to update your information by phone, email or mail:

Phone: 1-855-652-3067
Email: AskHR@marathonoil.com
Mail:
Marathon Oil Company
5555 San Felipe St.
Houston, TX 77056

How to Update Your Beneficiaries

To update your Thrift Plan beneficiaries, visit netbenefits.com/marathonoil. Click “Your Profile” at the top right hand corner of the page and then "Beneficiaries." After you have used the online tool to designate your beneficiaries, you can view or change your designations online at any time.

If you prefer to use a paper form to designate your beneficiary, request the form by calling the Marathon Oil Benefits Service Center at Fidelity at 1-800-841-0213.

Level Premium life insurance beneficiaries are updated directly with Minnesota Life. Follow the instructions here.

How Do I Access My Thrift Plan Account in Retirement?

As a retiree, you have many of the same Thrift Plan features that were available to you as an active employee. You can access your Thrift Plan account through loans, installments and/or withdrawals. To initiate a distribution, contact the Marathon Oil Company Benefits Service Center at Fidelity at 1-800-841-0213 or log onto your account at www.netbenefits.com/MarathonOil.

How Do I Know If I Have Coverage Under the Level Premium Life Insurance Plan?

The Level Premium Life Insurance Plan closed to new members on June 1, 1994. To verify if you have coverage under the plan – or for other questions about your life insurance benefits – contact AskHR@marathonoil.com. To validate or update your beneficiaries, contact Minnesota Life at 1-866-293-6047.

What Discounts Are Available to Retirees?

Marathon Oil offers a variety of discounts to retirees, as well as employees, so you can save on items you enjoy on a daily basis.

Retirees are eligible to enroll in our employee discount site for savings on travel, electronics, restaurants and more!

To be eligible to enroll, Marathon must have your email address on file. If we already have this on file, you can proceed to the link below and register. If you need to provide your email address to Marathon please send an email to AskHR@marathonoil.com.

Retiree Discount Site: https://marathonoilretiree.corporateperks.com

Automobile Discounts

Are you interested in a new vehicle? Chrysler, Ford Motor Company and GM all offer Marathon Oil’s valued employees and retirees opportunities to purchase or lease eligible vehicles. Click on the link below to view the offers.

Dependent Status Changes

If you have a dependent status change during retirement, you may need to update your benefits coverage. Be sure to review the dependents you have enrolled in your pre-65 retiree health, dental and vision plans. Visit the Marathon Oil Benefits Enrollment Portal or call 1-855-652-3067, option 1 to make changes.

Death Notification

There are certain steps that must be taken in the event of your or a dependent’s death. If this happens, contact AskHR@marathonoil.com. You may also want to take a look at your beneficiaries for your life insurance, OAD and retirement benefits.

How Do I Get My Power of Attorney Approved?

Power of Attorney (POA) designations can be emailed to AskHR@marathonoil.com. The POA must specify if it is applicable to HIPPA Protected Health Information (PHI), the Thrift Plan and/or the Retirement Plan. Be sure to include the Social Security number, date of birth and address of the person you are designating as your agent in the POA.