2016 Benefits Open Enrollment - Marathon ...
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2016 Benefits Open Enrollment
Discussion Topics
• Your Health Care Benefits in 2016
Two new Health Plan options
• Health Savings Account
Selecting a Health Plan Option
• ALEX – a new, interactive, online tool!
Account Comparison
Other Benefits
HSA
• Thrift Plan Changes
• Next Steps
2
2016 Benefits Open Enrollment
Benefits Open Enrollment
Begins: Sunday, November 1, 2015
Ends: Friday, November 20, 2015
• Enroll online through SAP Online Services (salaried & hourly employees)
• Enroll via paper (hourly employees)
• Call or e-mail changes to the Benefits Service Center (all employees)
• You MUST enroll in a Health Plan option this year – last year’s election does not
carry over 3
Basic Benefits Definitions
The most that you will have to pay out of your own pocket for medical expenses each year. Once your
Out-of-Pocket
medical expenses reach this amount, the Health Plan pays 100% of your remaining eligible medical
Maximum (OOPM) expenses for that year.
Health Plan Premiums The money taken from your paycheck to pay for medical insurance.
A fixed amount you pay for a covered health care service, such as doctor visits and prescription drugs,
Copay when you receive the service; the Health Plan pays the remaining costs. For example, you may have
a $20 copay for a doctor visit.
The Health Plan’s share of the costs of a covered health care service, calculated as a percent (80%).
Coinsurance You pay the remainder of the amount. For example, if an office visit is $100 and you’ve met your
deductible, the Health Plan would pay $80 and you would pay the remainder of the amount ($20).
Deductible How much you will pay in medical expenses before the Health Plan starts to pay its share each year.
Health Savings An account where you can save, grow and spend money tax-free for current and future medical
Account (HSA) expenses.
4
Your Health Care Benefits in 2016
• Health Plan Options
• Prescription Drug Coverage
• Health Savings Account (HSA)
• Health Care Flexible Spending Account (FSA)
5Your Health Care Benefits in 2016
• Two new Health Plan options
Saver HSA option with a Health Savings Account (HSA)
Classic option
• Introduction of Health Savings Account (HSA)
Available to those enrolled in the Saver HSA option
Includes a Company contribution
Administered by Fidelity
6About the Saver HSA and Classic Options
Both of these Health Plan options…
• Administered by Anthem
• Provide access to the same networks, doctors, specialists and
Saver HSA Option health care facilities as you have in 2015
• Cover the same procedures and prescription drugs
• Have a structure where medical and prescription drug expenses
will apply toward meeting one out-of-pocket maximum
• Offer in-network and out-of-network coverage
Classic Option • Cover in-network preventive care at 100% (e.g., annual physical)
7Comparing the Two New Health Plan Options
• Is a High Deductible Health Plan as defined by the IRS
• Has the option to open a Health Savings Account (HSA) through Fidelity
MPC will provide a contribution to the account
• $350 for employee only coverage
• $700 for employee + dependent(s) coverage
Saver HSA Option • Higher deductible
• Lower premium
• Coinsurance (no flat dollar copays)
• One combined deductible for medical and Rx
• Lower deductible
• Higher premium
• Copays for many services (office visits and prescription drugs)
Classic Option • Can contribute to the Health Care Flexible Spending Account ONLY
8A Closer Look at the Two Health Plan Options
Saver HSA Classic
In-network benefits In-network benefits
$1,350 Employee Only / $500 individual / $1,000 family
Deductible
$2,700 Employee + Dependents (prescription expenses are not applied)
Out-of-Pocket (OOP) Maximum* $5,000 individual / $10,000 family $3,000 individual / $6,000 family
Co-insurance 20% 20%
Office Visit 20% after deductible $20 PCP / $50 Specialty
ER Charge Deductible, then $150 charge, then 20% coinsurance $150 charge, then deductible + 20% coinsurance
Rx Deductible Combined with medical $100 individual / $200 family (retail only)
• $10 (generic) after deductible
Retail Drugs
20% after deductible • $30 (preferred Brand) after deductible
(30 day supply)
• $60 (Non-preferred Brand) after deductible
• $25 (generic)
Mail Order Drugs
20% after deductible • $75 (preferred Brand)
(90 day supply)
• $150 (Non-preferred Brand)
Rx Drug OOP Max Combined with medical Combined with medical
HSA Contribution $350 individual / $700 individual + dependent(s) None
2016 Monthly Contribution** $69 / $152 / $138 / $207 $101 / $221 / $201 / $302
* Medical and prescription drug expenses will apply toward meeting the out-of-pocket maximum.
** Coverage levels include: Employee / Employee + Spouse / Employee + Children / Family; Regular FT and PT rates are now the same.
9How the Saver HSA Option Works
Health Plan option with a lower premium, a higher deductible and the option to
open a Health Savings Account (HSA), which has triple-tax advantages and is
portable!
Saver HSA Option
• You pay all medical and prescription drug costs in full until you reach the
deductible
• Then, the Health Plan pays 80% (in network) of the total cost of eligible services
(coinsurance)
• When you reach your out-of-pocket maximum, the Health Plan pays
100% of your medical and prescription drug costs
10How the Classic Option Works
Health Plan option with a higher premium, lower deductibles, and copays.
Classic Option
• You pay a copay for primary care/specialist visits and prescription drugs
• A $100 individual/$200 family deductible is applied to retail prescription drugs,
then copays apply
• You can swipe your PayFlex FSA card without providing receipts
• You have to meet a deductible for medical services, other than office visits, such
as diagnostic testing, outpatient procedures, and inpatient hospital stays
• Combined out of pocket maximum for medical and Rx expenses
11Prescription Drug Costs
• You pay the full prescription drug cost until you reach the deductible*
You may use funds in your Health Savings Account (HSA) to pay
for prescription drugs
This means that your prescription drug expenses may be higher
Saver HSA Option than usual early in the year
Medical expenses also count toward reaching the deductible
• This option has prescription copays
You will pay the lesser of the copay or total cost
Classic Option
• This option has a deductible of $100/$200 for retail prescription drugs
* Certain generic preventive Rx expenses are covered at 100%
12Prescription Drug Coverage – Saver HSA Option
• Mail order drugs still administered by Express Scripts
• Employees pay the full, negotiated price until reaching the deductible
• Deductible and out-of-pocket maximum do not apply for certain generic preventive drugs,
they are covered at 100%
For a list of generic preventive drugs, go to www.myMPCBenefits.com
Saver HSA Option
Deductible Combined deductible for medical and Rx
Retail Drugs
Plan pays 80% after deductible
(30 day supply)
Mail Order Drugs
Plan pays 80% after deductible
(90 day supply)
Drug OOP Max Combined with medical
13Be A Wise Health Care Consumer
• Under the Saver HSA option, you pay 100% of medical and
prescription drug costs until you meet your deductible
• That means you initially pay 100% of prescription drug costs –
SO…be a wise consumer…
Shop for the best retail price for your prescription drugs or use mail order
Use generics when possible
14Prescription Drug Coverage – Classic Option
• Mail order drugs still administered by Express Scripts
• Employees pay the full, negotiated price until reaching the deductible (for retail drugs
only)
• For mail order drugs, there are only co-pays; no deductible
Classic
Rx Deductible $100 individual / $200 family - Retail Only
• $10 (generic) after deductible
Retail Drugs
• $30 (preferred Brand) after deductible
(30 day supply)
• $60 (Non-preferred Brand) after deductible
• $25 (generic)
Mail Order Drugs
• $75 (preferred Brand)
(90 day supply)
• $150 (Non-preferred Brand)
Drug OOP Max Combined with medical
15Prescription Drug Costs – What This Means For You
Let’s say the discounted cost of your preferred brand,
When you fill a prescription drug is $150.
prescription, you
will pay the
discounted cost Mail order or retail: You pay 100% of this cost or $150.
until you reach the You can use the funds in your HSA to pay for the
Saver HSA Option deductible* prescription and the $150 counts toward your deductible
as well as the out-of-pocket maximum.
* Certain generic preventive Rx expenses are covered at 100%.
Let’s say the discounted cost of your preferred brand,
prescription drug is $150.
When you fill a
prescription there
is a copay; for Mail order: You pay $75, which is the copay for a
retail drugs there preferred brand, mail order prescription drug.
is a deductible
Classic Option ($100 / $200) Retail: You pay the $100 retail deductible first, then $30
copay for a total of $130. If you have already met your
deductible, you pay $30.
16Saver HSA Option – Health Savings Account (HSA)
Health Savings Account
• Advantages:
You manage the account You decide to save or spend your HSA
Rolls over from year to year balance, this year or in the future. No
Portable “use it or lose it” rule.
Account balances can be You can use it to pay for Annual deductible, your share of
these expenses coinsurance, and other eligible
invested in mutual funds once expenses
balance meets a threshold MPC will contribute
amount (Employee Only/Employee + $350/$700
Dependent(s))
Contribution amounts can be You can contribute to the You can make before-tax payroll
changed throughout the year account contributions, up to IRS limits
Money must be in your account
Tax-free earnings All investment earnings are tax-free
before you can use it when used for qualified expenses
The account offers Once your balance grows to a certain
investment opportunities threshold, you can invest in a range of
options
17Saver HSA Option – Health Savings Account (cont'd)
HSAs are triple tax-advantaged. This means you pay no taxes* on:
1. Money deposited into your account
2. Investment growth, and
3. Funds used to pay for eligible health care expenses
Your contributions will lower your taxable income
*HSA contributions are subject to state taxes in Alabama, California and New Jersey; HSA earnings are subject to state taxes in New Hampshire and Tennessee.
18Saver HSA Option – Health Savings Account (cont'd)
• Eligibility:
Employees must be enrolled in the Saver HSA option
Employees cannot be:
• Covered by any other health plan that is not an HDHP and which provides coverage for any
benefit covered under the Saver HSA option
• Claimed as a dependent on someone else’s tax return
• Enrolled in Medicare Parts A or B
• Enrolled in TRICARE for Life
Additional considerations:
• Employees with spouses who
• Are covered under a separate plan can still enroll, but will only be able to contribute up to
the single statutory limit
• Contribute to a Flexible Spending Account (FSA) will not be eligible to contribute to an HSA
or receive employer contributions
• Employees with a 2015 FSA balance and who enroll in the Saver HSA option need to
have a $0 balance as of the end of 2015 in order to be HSA-eligible at the beginning of
2016, otherwise they will be HSA-ineligible until the 2016 grace period ends.
19Saver HSA Option – Health Savings Account (cont'd)
• 2016 Contribution Limits
Employee and employer contributions are permitted up
to annual statutory limits
• $3,350 for employee only
• $6,750 for employee + dependent(s)
• $1,000 in additional catch-up contributions allowed for those age 55+
• Maximum limits include the 2016 MPC contribution amount
• $350 for employee-only coverage
• $700 for employee-plus-dependent(s) coverage
• Qualified Health Care Expenses
Use the HSA to pay for qualified health care expenses* for you and your dependents,
including, copays, coinsurance and deductibles for medical, prescription drug, dental
and vision expenses
*You can also use the HSA to pay for COBRA premiums, long-term care insurance premiums and Medicare Parts B, C and D premiums
20Saver HSA Option – Health Savings Account (cont'd)
• Receipts:
You do not need to submit receipts for reimbursement
However, it’s recommended you save receipts to show that your
disbursements were for qualified medical expenses
Important
Reminders ! • Tax Penalty:
Any HSA funds used for purposes other than to pay for qualified health
care expenses are taxable as income and subject to a 20% tax penalty
Additional 20% tax penalty does not apply to account holders age 65 or
older or those who become disabled or enroll in Medicare
21Saver HSA Option – Health Savings Account (cont'd)
• Opening Your Health Savings Account
Log in to your Fidelity account at www.netbenefits.com or www.401k.com using your
existing username and password
Elect the amount you want to contribute on a pre-tax basis through payroll deductions
• $1,000 catch-up contribution permitted (age 55 or older, not enrolled in Medicare)
• Contributions go into FDIC-insured core account
• Company contribution is immediate upon opening your HSA
Select your beneficiaries
• Choosing Investments
Contributions go to FDIC-insured core account
Investment options include over 5,000 mutual funds, stocks, bonds, Treasuries, CDs, and
more
• Paying for Qualified Medical Expenses
Fidelity HSA debit card
Fidelity BillPay®
Fidelity HSA checkbook
Pay out of pocket and reimburse yourself
22Health Care Flexible Spending Account (FSA) and
Health Reimbursement Account (HRA)
• Health Care FSA
Formerly referred to as the Health Care Spending Account (HCSA)
Available:
• With enrollment in the Classic option, or
• If waived Health Plan coverage
Allows you to save pre-tax money for health care expenses;
however, the funds do not roll over year-to-year
You may elect to contribute $120 to $2,550
PayFlex is the new administrator – swipe debit card for copays
• Limited Purpose HRA
Available with either the Classic option and the Saver HSA option IF you have an HRA balance
remaining
Payflex will be the new administrator
HRA Blackout Period – December 18 through January 10
• Debit card will not work after December 18 for your HRA – will only work with your Health Care FSA
Allows you to use HRA balance for eligible dental and vision expenses only (pre-65 retirees
can also use it for premiums)
• Online claim submission or paper forms
232016 Account Comparisons
HSA Health Care FSA Limited Purpose HRA
Employee/Retirees with a
Who is eligible? Saver HSA option participants Classic option participants
balance in their HRA from 2015
Who may contribute? MPC only; however, as of 2016,
MPC and Employee Employee only
MPC no longer contributes
Who is the administrator? Fidelity PayFlex PayFlex
$3,350 (Employee only)
Maximum Annual Contribution (Cap) As of 2016, MPC no longer
$6,750 $2,550
*Includes Company contribution contributes
(Employee+Dependent(s))*
Can I invest the money? Yes No No
Tax Treatment Tax-Free Tax-Free Tax-Free
No
Medical Expenses Allowed IRC 213(d) Expenses IRC 213(d) Expenses
(Dental and Vision only)
As of 2016, MPC no longer
MPC Contributes to the Account Yes No
contributes
Balance Carries Over Year to Year Yes No Yes
Portable (employee can take the balance No
Yes No
with him or her if he or she leaves MPC) (except for retirees)
*maximum amounts include Company contribution
24Selecting a Health Plan Option
• Employees Like You
• ALEX – a new, interactive, online tool!
25Meet A.J. — Low Plan Usage
ILLUSTRATIVE ONLY
• Meet A.J.:
A.J. is single and enrolled in employee only coverage.
He is in good health and is considered a “low user” of health care.
In a typical year, A.J. takes advantage of his preventive care benefits and
has a physical exam, visits the doctor once or twice and fills the odd
prescription.
Coverage: • A.J.’s situation:
Employee Only
A.J. unexpectedly injures his hand while working on his car and goes to the
emergency room for X-rays and stitches.
26Meet A.J. — Low Plan Usage (cont’d)
ILLUSTRATIVE ONLY
• A.J.’s situation under the Saver HSA option:
A.J. pays the full $1,500 out-of-pocket – the first $1,350 satisfies his
deductible with the remaining $150 being his copay for an emergency room
visit. Since he has satisfied his deductible, the Plan pays 80% of his X-ray,
follow-up doctor visit and prescriptions.
• A.J.’s situation under the Classic option:
A.J. pays only $820 for the emergency visit ($150 ER copay, + $500
Coverage: deductible + $170 for the 20% coinsurance).
Employee Only
While A.J. pays more up-front for his treatment at the ER under the Saver
HSA option, when you take into account the premium differences between the
two plans and the $350 contribution to his Health Savings Account from the
Company (that he can use towards eligible health care expenses like his ER
visit) – at the end of the year, A.J. will actually pay less out-of-pocket under the
Saver HSA option.
27Meet A.J. — Low Plan Usage (cont’d)
ILLUSTRATIVE ONLY
The table shows what this employee might have to pay under each plan if he uses in-network providers and generic drugs.
Saver HSA Classic
Annual Physical Exam (1 exam at $100) $0 $0
Emergency Room Visit (1 visit at $1,500) +$1,500* +$820
X-Rays (1 at $200) +$40 +$40
Physician Visits (1 visit at $80) +$16 +$20
Generic Prescription (1 retail prescription for only 1 fill at $23) +$5 +$23
Coverage:
Employee Only Total =$1,561 =$903
Marathon Petroleum HSA Contribution ($350) ($0)
Total Out-of-Pocket Cost if Marathon Petroleum’s HSA
=$1,211 =$903
Contribution is Used
Annual Premium Contribution (Employee Only Coverage) +$828 +$1,212
Total Out-of-Pocket Cost, including Annual Premium
Contribution, if Marathon Petroleum’s HSA Contribution =$2,039 =$2,115
is Used
* $1,350 of the $1,500 Emergency Room Visit satisfies your deductible, and the remaining $150 is paid as the copay.
28Meet Kathy — Moderate Plan Usage
ILLUSTRATIVE ONLY
• Meet Kathy:
She is married and enrolled in employee + spouse coverage.
Kathy and her husband have average health care needs.
Throughout the year, they both receive an annual physical exam and visit the
doctor a total of five times for medical care and lab work.
• Kathy’s situation:
Coverage: In addition to Kathy and her husband’s doctor visits and lab work, they fill
Employee + Spouse three maintenance preferred brand-name prescriptions through mail order
refilled four times.
29Meet Kathy — Moderate Plan Usage (cont’d)
ILLUSTRATIVE ONLY
• Kathy’s situation under the Saver HSA option:
Kathy and/or her husband must meet the $2,700 deductible before the
Saver HSA Plan begins covering other services at 80%. As you can see in
the following chart, under the Saver HSA option, Kathy and her husband will
pay all of their prescription drug costs (because the prescription deductible
is combined with the medical) before they reach the $2,700 deductible.
• Kathy’s situation under the Classic option:
Coverage: Kathy and her husband pay higher monthly premiums, but lower
Employee + Spouse deductibles and out-of-pocket maximums. They also pay less on their office
visits and prescription drugs due to copays that are required with the
Classic option.
Even with the Saver HSA option’s lower monthly premiums and the ability
to use the $700 Company contribution to Kathy’s Health Savings Account to
help pay for eligible health care expenses, at the end of the year the
Classic option actually costs them $112 LESS than they would have paid
under the Saver HSA option — money Kathy could contribute to her Health
Care FSA account tax-free to cover current-year health care expenses. 30Meet Kathy — Moderate Plan Usage (cont’d)
ILLUSTRATIVE ONLY
The table shows what this couple might have to pay under each plan based on the in-network health care they receive.
Saver HSA Classic
Annual Physical Exam (2 exams at $100 each) $0 $0
Physician Visits (5 visits at $80 each) +$400 +$100
Brand-Name Prescription (3 mail order prescriptions with 4
+$2,560* +$900
fills each at $300)
Lab Work (4 tests at $100 each) +$80 +$400
Coverage: Total =$3,040 =$1,400
Employee + Spouse
Marathon Petroleum HSA Contribution ($700) ($0)
Total Out-of-Pocket Cost if Marathon Petroleum’s HSA
=$2,340 =$1,400
Contribution is Used
Annual Premium Contribution (Employee + Spouse
+$1,824 +$2,652
Coverage)
Total Out-of-Pocket Cost, including Annual Premium
Contribution, if Marathon Petroleum’s HSA Contribution =$4,164 =$4,052
is Used
*You pay $2,300 of the $3,600 to satisfy your deductible, plus 20% coinsurance on the remaining $1,300.
31Meet Eva — High Plan Usage
ILLUSTRATIVE ONLY
• Meet Eva:
She is enrolled in employee + children coverage (with 2 children)
Eva and her children typically visit the physician’s office twice a year for
non-preventive care visits due to illness – six visits in total.
On average, they visit the emergency room twice a year (once for each
child).
Eva and her children take one preferred brand-name prescription drug for
Coverage:
a chronic condition, but use the mail-order program.
Employee + Child(ren)
• Eva’s situation:
Eva and her children are high utilizers of health care services with their
non-preventive care doctor and ER visits, and brand-name prescription
drug needs for a chronic condition.
32Meet Eva — High Plan Usage (cont’d)
ILLUSTRATIVE ONLY
• Eva’s situation under the Saver HSA option:
Even for a high utilizer of health care services, the Saver HSA option
works out to have a lower out-of-pocket cost when you take everything
into account at the end of the year.
Even with Eva’s situation, she will still end up with an extra $360 in her
Coverage: pocket by year-end if she enrolls in the Saver HSA option. While the Saver
Employee + Child(ren)
HSA is the best option for Eva, it’s important to note:
She will need to have the money to pay out of her pocket up-front
for the Emergency Room visits.
Under the Saver HSA option, she will have a higher deductible and
she’ll need to pay more up-front until she meets that deductible, but
with the Company contribution to the HSA and lower premiums –
she can more often than not save on her overall health care costs.
33Meet Eva — High Plan Usage (cont’d)
ILLUSTRATIVE ONLY
The table shows what this family might have to pay under each plan based on the in-network health care they receive.
Saver HSA Classic
Annual Physical Exam (3 exams at $100 each) $0 $0
Emergency Room Visit (2 visits at $1,500 each) +$2,880* +$1,640**
Physician Visit (2 visits each at $80 per visit – total of 6 visits) +$96 +$120
Brand-Name Prescription (2 mail order prescriptions with 4 fills each at
+$480 +$600
$300)
Coverage: Total =$3,456 =$2,360
Employee + Child(ren) Marathon Petroleum HSA Contribution ($700) ($0)
Total Out-of-Pocket Cost if Marathon Petroleum’s HSA Contribution is Used =$2,756 =$2,360
Annual Premium Contribution (Employee + Children Coverage) +$1,656 +$2,412
Total Out-of-Pocket Cost, including Annual Premium Contribution, if
=$4,412 =$4,772
Marathon Petroleum’s HSA Contribution is Used
* Of the two emergency room charges, the first is paid in the full amount. From the second, $1,200 is paid to the deductible, and the rest is covered by a $150 copay
and 20% coinsurance on the remainder.
** For each of the two emergency room charges (one for each child), the first $500 (excluding the $150 copay) is paid to the deductible, and the remaining $850 is paid
at 20% coinsurance.
34Meet Jordan — High Plan Usage
ILLUSTRATIVE ONLY
• Meet Jordan:
He is married with three children and is enrolled in family
coverage.
• Jordan’s situation:
With a young and growing family, Jordan and his family
have moderate health care needs. However, with his
Coverage: wife’s allergies and with one child suffering from a
Employee + Family muscular disease, they require additional medications
and specialist visits that put Jordan in the high-utilizer
range when it comes to health care services.
35Meet Jordan — High Plan Usage (cont’d)
ILLUSTRATIVE ONLY
• Jordan’s situation under the Saver HSA option:
• Due to the number of claims in this example, Jordon’s out-
of-pocket expense is significantly higher than the Classic
option ($2,157).
• Jordan’s situation under the Classic option:
• After including the Marathon HSA contribution and lower
contributions, Jordon’s cost for the Classic option is still
Coverage: $317 less than the net cost of the Saver HSA option.
Employee + Family
As with all of these illustrations, it is important to select the
option that offers the best fit for you and your dependents.
36Meet Jordan — High Plan Usage
ILLUSTRATIVE ONLY
The table shows what this family might have to pay under each plan option if they use in-network providers and generic drugs when
possible.
Saver HSA Classic
Annual Physical Exam and Well Child Exams (5 visits at $100 each) $0 $0
Physician Visits (9 visits at $80 each) +$720 +$180
Specialist Visits (2 visits at $150 each) +$300 +$100
Urgent Care visit (1 visit at $600) +$600 +$50
X-Rays (1 test at $200) +$200 +$200
Physical Therapy Session (12 sessions at $80 each) +$896* +$432**
Coverage: Generic Prescription (7 prescriptions filled at retail at $23 each) +$32 +$161
Employee + Family Maintenance Prescription (1 mail order prescription with 4 fills each at $40) +$32 +$100
Specialty Drug Prescription (1 mail order prescription with 4 fills each at $1,500) +$1200 +$600
Total =$3,980 =$1,823
Marathon Petroleum HSA Contribution ($700) ($0)
Total Out-of-Pocket Cost if Marathon Petroleum’s HSA Contribution is Used =$3,280 =$1,823
Annual Premium Contribution (Family Coverage) +$2,484 +$3,624
Total Out-of-Pocket Cost, including Annual Premium Contribution, if
=$5,764 =$5,447
Marathon Petroleum’s HSA Contribution is Used
* For the Physical Therapy Sessions, you pay $880 of the $960 to satisfy your deductible, plus 20% coinsurance on the remaining $80.
** For the Physical Therapy Sessions, you pay $300 of the $960 to satisfy your deductible, plus 20% coinsurance on the remaining $660.
37Meet Christina — High Plan Usage (maternity)
ILLUSTRATIVE ONLY
• Meet Christina:
She is married with two children, is enrolled in family coverage and is
expecting another child.
• Christina’s situation:
Since Christina is expecting another child, she must select the right Health
Plan option for herself and her family.
Coverage:
Employee + Family
38Meet Christina — High Plan Usage (maternity) (cont’d)
ILLUSTRATIVE ONLY
• Christina’s situation and both Health Plan options:
Both options have embedded style OOPM, but the Classic has an
embedded deductible while the Saver deductible is for the entire family.
Office visits, urgent care and maintenance prescriptions are for non-
mother family members.
• Christina’s situation under the Saver HSA option:
Coverage: The family has to meet the $2,700 deductible and $5,000 OOPM.
Employee + Family
• Christina’s situation under the Classic option:
The mother only has to meet a $500 deductible and $3,000 OOPM.
The Classic option is the best choice for Christina and her growing family.
It’s more cost-effective due to a lower out-of-pocket maximum and
embedded design, as well as the cost-share of only one person having
expenses.
39Meet Christina — High Plan Usage (maternity) (cont’d)
ILLUSTRATIVE ONLY
The table shows what this family might have to pay under each plan option if they use in-network providers and generic drugs when
possible.
Saver HSA Classic
Annual Physical Exam and Well Child Exams (3 visits at $100 each) $0 $0
Physician Visits (9 visits at $80 each) +$720 +$180
Specialist Visits (2 visits at $150 each) +$300 +$100
Urgent Care visit (1 visit at $600) +$600 +$50
New baby delivery with C-section (professional and facility charges of $15,000) +$3,864 +$3,000
Maintenance Prescription (1 mail order prescription with 4 fills each at $40) +$32 +$100
Coverage: Total =$5,516 =$3,430
Employee + Family Marathon Petroleum HSA Contribution ($700) ($0)
Total Out-of-Pocket Cost if Marathon Petroleum’s HSA Contribution is Used =$4,816 =$3,430
Annual Premium Contribution (Family Coverage) +$2,484 +$3,624
Total Out-of-Pocket Cost, including Annual Premium Contribution, if
=$7,300 =$7,054
Marathon Petroleum’s HSA Contribution is Used
40ALEX is Here to Help You
• Introducing ALEX – your personal benefits counselor
• He’s smart, humorous and compares your Health Plan options in simple terms
• He helps you choose the Health Plan option that makes the most sense for you and your family
• He is accessible from any internet connected device
• Meet ALEX at www.myalex.com/mpc/2016
Which Health
Plan option is
best for my
family and me?
41Dental and Vision Benefits
• Dental • Vision
Same providers Same providers
Slight premium increase Slight premium increase
2016 Monthly Employee Premiums 2016 Monthly Employee Premiums
(Full-Time and Part-Time) (Full-Time and Part-Time)
Employee Only $12 Employee Only $7
Employee + Spouse $24 Employee + Spouse $12
Employee + Children $26 Employee + Children $13
Employee + Family $38 Employee + Family $20
Regular FT and PT rates are now the same Regular FT and PT rates are now the same
42Other Benefits
• Dependent Care Spending Account
Will no longer be available in 2016
• governmental regulations regarding low employee participation
Use the money you’ve set aside in 2015 by March 15, 2016
• No changes to
Life Insurance
Spouse/Dependent Life Insurance
Accidental Death and Dismemberment Insurance
Long Term Disability
EAP
Other Benefits
43Thrift Plan – What Isn’t Changing
• Company Match
Maximum of 7%
• Employee Contributions
Pre-tax, Roth, After-tax, Catch-up, Rollover
• Multiple Investment Options
Core Options (18 mutual funds, Stable Value Fund)
Lifecycle Options
MPC Stock
Brokerage Link
44Thrift Plan
• Company Match
$1.17 match for every $1 contributed up to 6%
(7% match on 6% employee contributions)
• Immediate vesting in Company contributions
Made after 1/1/16
• Pre-tax / Roth contributions: Highly Compensated Employees - no longer limited to 12%
Still subject to IRS limits ($18,000 in 2015)
• After-tax contributions
Not allowed for Highly Compensated Employees
• Year-end true-up match
Allows full Company match
45Thrift Plan – Next Steps
• Newsletter Detailing All Plan Changes
November
• Make 2016 Deferral Elections
Through Fidelity
In December to ensure January payroll deduction
46Quick Summary
• Two new Health Plan options – YOU MUST ELECT A NEW OPTION
• New Fidelity HSA available to employees enrolling in the Health Plan’s Saver HSA option
• New tool, ALEX available to help you select an option
• Dental and Vision premiums increasing
• PayFlex will administer the Health Care FSA (formerly the HCSA) and the Health
Reimbursement Account (HRA) replacing ADP
• Balances in the HRA will be usable only for Dental and Vision expenses until retirement
• Thrift Plan
You will be matched 7% on the first 6% you contribute
100% immediate vesting
47Next Steps
• LEARN
Review the detailed information about all of Marathon REMEMBER
Petroleum’s benefit plans at www.myMPCbenefits.com
• DECIDE You must enroll in
Consider the health care needs of you and your family coverage between
Use the tools available to help you make your decision (ALEX – November 1 and
new interactive, online tool! www.myalex.com/mpc/2016) November 20, 2015
• ENROLL
November 1 – 20, 2015
MPCConnect Employee Center “SAP Online Services”
(sign on with your normal network logon) “HR Services” tab
“Benefits Open Enrollment” (under Quicklinks)
By paper (hourly employees)
By phone and email
Contact the Marathon Petroleum Benefits Service Center to assist you
Questions? with any questions you may have at benefits@marathonpetroleum.com
48Questions?
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