Anthem, Inc. To Make $1,000 Contribution to 401(k) Accounts of More Than 58,000 Associates and Recent Retirees
February 05 2018 - 7:52AM
Business Wire
Contributions Represent More Than $58
Million Investment to Benefit Full, Part-Time and Temporary
Associates Following Recent Revisions to U.S. Tax Code
Anthem, Inc. (NYSE:ANTM) today announced that the company will
contribute $1,000 to the 401(k) accounts for each of its more than
58,000 associates and recent retirees. Anthem has created this new
investment program for associates following revisions to the U.S.
tax code that were enacted earlier this year. In total, Anthem will
contribute more than $58 million to the program which helps Anthem
associates plan for their retirement and the needs of their
families in the future. In addition to the Anthem 401(k) program,
the company is investing savings from the changes in the tax code
in other efforts to reduce the cost of healthcare and benefit the
consumers we serve and our shareholders.
“At Anthem, we are fortunate to have more than 58,000 associates
who work every day to make healthcare more affordable, accessible
and simpler for individuals,” said Gail K. Boudreaux, President and
Chief Executive Officer, Anthem. “We are extremely grateful for all
that they do on behalf of our more than 40 million consumers as
well as the care providers and communities we serve. This new
program is an opportunity for us to thank our associates and also
ensure that they benefit from the recent changes to the U.S. tax
code. It is our hope that, by contributing to our associates’
401(k) plans, we are able to offer a program that will help them
and their families now and in the future.”
Anthem’s full-time, part-time, temporary associates and recent
retirees are eligible to receive the 401(k) contributions. For
eligible associates who have not previously participated in
Anthem’s 401(k), the company will automatically establish a 401(k)
account and make the $1,000 investment. Associates will receive the
contribution on March 29 and have the ability to select how the
money is invested by choosing from the 15 investment options that
are offered through Anthem’s 401(k) program.
About Anthem, Inc.
Anthem is working to transform health care with trusted and
caring solutions. Our health plan companies deliver quality
products and services that give their members access to the care
they need. With over 73 million people served by its affiliated
companies, including more than 40 million within its family of
health plans, Anthem is one of the nation’s leading health benefits
companies. For more information about Anthem’s family of companies,
please visit www.antheminc.com/companies
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version on businesswire.com: http://www.businesswire.com/news/home/20180205005476/en/
Anthem, Inc.Eric Lail, 202-508-7879Eric.Lail@anthem.com
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