Our Benefits

We know that peace of mind regarding healthcare, 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 2007 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
Employee Assistance Program
Paid Accumulated Leave
Voluntary Supplemental Benefits
Relocation
Holidays
Educational Assistance
Thank Goodness It's Monday

MEDICAL INSURANCE

United EPO, United PPO, OPTIMA (Virginia only)

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

DENTAL INSURANCE

MetLife PPO - Choice of plans (1 with Orthontia)

• 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 up to $50,000 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 FlexAmerica, 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, $2,580 for parking expenses and $1,320 for transportation expenses.

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.

PAID ACCUMULATED LEAVE (PAL)

Exempt (exempt from overtime pay): 0 - 4 years: 20 days 5+ years: 25 days

Non-exempt (eligible for overtime pay): 0 - 4 years: 15 days 5+ years: 20 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.