Amazon is adding a new health care benefit that will be available to its workers at its warehouses and fulfillment centers in the U.S. and Canada.
The company said the new benefit will be offered to employees who purchase health insurance through its own Marketplace program.
Employees who use Amazon’s HealthCare.gov marketplace to purchase health coverage will have to pay for their own premiums through Amazon, which will also charge a tax on the coverage.
This new benefit, called the Amazon Health Marketplace Tax Credit, will be valid for employees who buy health insurance from Amazon Marketplace and pay the full cost.
The benefit is available to eligible Amazon employees with a household income of $100,000 or more per year and for all employees with an Amazon Marketplace employee card who purchase coverage through the Marketplace.
Amazon said the benefit is designed to give workers who purchase insurance from the Marketplace an easy way to keep their premiums low, while also providing them with the ability to keep coverage at Amazon as they move into their retirement years.
The Marketplace program, which began in 2019, provides low-cost coverage to about 10 million Amazon employees, with the average premium in the program running about $1,400 per year.
The benefit is one of several initiatives announced by Amazon this week to encourage workers to purchase insurance.
Amazon is also making it easier for employees to apply for tax credits.
Amazon also plans to begin offering discounts on health care and other benefits for employees with health insurance, including health care plans.