Our Benefits

We know that peace of mind regarding health care, retirement and work/life balance is essential to our associates; and we do our best to provide it. After all, making life easier for families and individuals is the basis of our business. We put our industry experience to work to bring you a competitive benefits package you can feel good about. Please browse our benefits summary below.

Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance
Supplemental Life Insurance
Short-Term Disability
Long-Term Disability
401(k)
Employee Stock Purchase Program
Flexible Spending Accounts
OptumHealth Bank - Health Savings Account
Employee Assistance Program
Adoption Assistance
Paid Accumulated Leave
Voluntary Supplemental Benefits
Relocation
Holidays
Educational Assistance
Thank Goodness It's Monday

Medical Insurance

United EPO, United PPO, High Deductible Health Plan

Choice of plans
Pre-tax payroll deduction
Three-tier prescription plan
Preventive care benefits

Dental Insurance

MetLife PPO - Choice of plans (1 with Orthodontia)

Pre-tax payroll deduction
Choice of dentist

Vision Insurance

Vision Service Plan
Pre-tax payroll deduction
Choice of provider

Life Insurance

MetLife - Covers one time your annual salary for basic life and accidental death and dismemberment (AD&D) insurance.

Supplemental Life Insurance

You may purchase additional supplemental life insurance through MetLife.

Short-Term Disability (Not Applicable to Part-Time Associates)

MetLife - This benefit pays 60% of your salary to a maximum of $3,000 per week.

Long-Term Disability (Not Applicable to Part-Time Associates)

MetLife - In the case of a disability lasting longer than 90 days you may receive 60% of your monthly salary to a maximum benefit of $10,000 per month.

401(k)

Administered by Prudential, Amerigroup Corporation Retirement Savings Plan offers 12 different investment options. The company matches 50% of the employee’s contribution up to six percent.

Employee Stock Purchase Program

The ESPP allows you to invest in Amerigroup Corporation by contributing 2 to 10 percent of your salary on an after-tax basis. Employees receive a 15% discount on stock purchases through the ESPP.

Flexible Spending Accounts

Administered by PayFlex, you may contribute a maximum of $3,000 per plan year to a medical account, $5,000 per plan year to a dependent care account, $2,760 for parking expenses and $2,540 for transportation expenses.

OptumHealth Bank - Health Savings Account

If you enroll in the High Deductible Health Plan, a Health Savings Account (HSA) can help you save and pay for medical expenses tax-free*. With an HSA, you can choose to spend the funds today or build them for the future once your balance reaches $2,000.

Employee Assistance Program

This short-term resolution-oriented program covers such areas as alcohol and drug abuse, family/children problems, marital relationships, job conflict, depression, stress or legal/financial issues.

Adoption Assistance

Amerigroup associates will be granted 5 weeks of paid leave for the adoption of an eligible child. Benefit is a onetime use benefit available to associates with more than one year of service. If both adopting parents work for Amerigroup, the paid benefit would be offered to only one parent.

Paid Accumulated Leave (PAL)

Exempt (exempt from overtime pay): Non-exempt (eligible for overtime pay): 0 - 4 years: 20 days 0 - 4 years: 15 days 5 - 9 years: 25 days 5 - 9 years: 20 days 10+ years: 30 days 10 - 14 years: 25 days 15 + years: 30 days. PAL is paid time off from the workplace for benefit-eligible associates and is accrued at the rate of 4.62 hours per pay period for non-exempt associates and 6.15 hours per pay period for exempt associates.

Voluntary Supplemental Benefits

These benefits cover short-term disability, accidents, cancer, hospital confinement and critical illness.

Relocation

Relocation assistance is available for eligible positions.

Holidays

All associates are eligible for this benefit from date of hire.

New Year's Day
Martin Luther King Day
Memorial Day
Independence Day
Labor Day
Thanksgiving Day
Day After Thanksgiving Day
Christmas Day
One floating holiday (Taken on a calendar year basis with supervisor's prior approval.)

Educational Assistance

To support your professional growth, Amerigroup covers 80% up to $2,500 in tuition cost for job-related education expenses.

Thank Goodness It's Monday (TGIM)

TGIM offers discounts on national and local goods and services—just to make life a little easier.

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