There is now an added incentive to participate in the AmeriHealth Caritas employer-provided health plan.

As the cost of attending college continues to rise faster than inflation and medical costs1, AmeriHealth Caritas is offering associates an opportunity to earn Tuition Rewards.

  • Associates enrolled in the medical plan are automatically eligible to earn 3,000 Tuition Rewards points or 5 percent of their 401(k) retirement account balance, whichever is greater.
  • One Tuition Rewards point = $1 guaranteed minimum reduction in full tuition.
  • Tuition rewards can be used at over 355 institutions, with 80 percent ranked among "America's Best" by US News and World Report in 2014.
  • Associates can use this benefit for children, grandchildren, nieces, nephews, stepchildren and godchildren, subject to certain restrictions.

In this example, if the child attends a participating SAGE Scholars College, the published full price tuition will be reduced by at least $21,255 spread evenly over four years of undergraduate education.

Initial registration - associate & student rewards CTB points balance
1,000 (500+500)
Years of participation 401(k) account balance Annual reward CTB points balance
(balance does not accrue interest)
1 $50,000 3,000 4,000
2 $50,000 3,000 7,000
3 $61,385 3,069 10,069
4 $67,682 3,384 13,453
5 $74,420 3,721 17,174
6 $81,629 4,081 21,255

With the College Tuition Benefit,
you earn a minimum of 3,000 Tuition Rewards
points ($3,000 value), or more every year.

1 US Census Bureau