Thread regarding Occidental Petroleum Corp. layoffs

Benefits changes

Local HR is hinting at benefits changes that are about to roll out. Any rumor on what they are?

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| 4847 views | | 11 replies (last October 23, 2020) | Reply
Post ID: @OP+17xWAMJC

11 replies (most recent on top)

Is this change only for non-retirees at end of VSP or is it also for retirees?

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Post ID: @2sjd+17xWAMJC

@awi+17xWAMJC
No change yet, purported email will be sent in a couple weeks regarding options at end of VSP payout.

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Post ID: @2ona+17xWAMJC

I have BCBS now and it works great for my family. Excellent coverage. The high deductible plan might be a better option than the PPO with Oxy matching in the HSA.

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Post ID: @1oly+17xWAMJC

The hits just keep coming! BCBS is terrible compared to Aetna. It looks like coverages and deductibles are going to force employees into a PPO.

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Post ID: @1gyo+17xWAMJC

No email, what is the change?

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Post ID: @1pbo+17xWAMJC

Looks like Aetna is gone as an option. – I suspect that has nothing to do with OXY specifically, But rather CVS's acquisition of Aetna a year or so ago. CVS has been trying to become a one-stop insurance company. It bought Aetna and also a PBM. Probably they were trying to push OXY to move away from Express Scripts, and "bundle" everything with CVS.

Probably simply a negotiation OXY did wish to accept.
I'd be curious though – If I recall, Retiree medical was EXCLUSIVELY with Aetna. Any retirees out there ? - Have you heard if your coverage is sticking with Aetna or being replaces with BCBS?

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Post ID: @awi+17xWAMJC

What is changing? Former employee here

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Post ID: @jig+17xWAMJC

Check your email

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Post ID: @anl+17xWAMJC

I received an email today around 10am that had a link to all of the changes for “Open Enrollment” for 2021.

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Post ID: @npv+17xWAMJC

I think OP is alluding to not-yet-announced changes

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Post ID: @arf+17xWAMJC

Read your email. Duh!

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Post ID: @zgn+17xWAMJC

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