JPM: JP Morgan Chase: JPMorgan Chase Adds Autism Benefits to Employee Health
UK Regulatory Announcement
JPMorgan Chase & Co. (NYSE:JPM) is adding autism benefits for employees
participating in the company’s health plan. Effective January 1, 2014,
intensive behavior therapy for treatment of autism spectrum disorders, such as
Applied Behavior Analysis (ABA) Therapy, will be a covered benefit for
employees and their families.
“JPMorgan Chase is excited to offer ABA Therapy and provide this important
treatment alternative for the children of our employees,” said Stephen Cutler,
JPMorgan Chase General Counsel and Advisor to Access Ability, the firm’s
Business Resource Group (BRG) for employees affected by disabilities. “One in
88 children is diagnosed with Autism. With almost 160,000 employees enrolled
in our U.S. medical plan, we are confident that this important new offering
will change the lives of many of our employees.”
“For many years, my son was unable to receive the necessary treatments he
needs, due to a lack of insurance treatment coverage. This change will allow
us to provide a therapy that will help him prosper,” said Michael
Giangregorio, Vice President in U.S. Fixed Income at JPMorgan Chase. “Thank
you to the leadership of JPMorgan Chase for recognizing this need and for
taking the necessary steps to help ensure that my son reaches his fullest
ABA Therapy focuses on increasing positive behaviors while reducing those that
“We constantly review our benefits programs and offerings to make sure they
address the needs of our employees and their families,” said John Donnelly,
head of Human Resources, JPMorgan Chase & Co. “I am particularly pleased about
this new benefit as I have been actively involved in helping children with
autism as a supporter of Heeling Autism, a program sponsored by Guiding Eyes
for the Blind that enhances safety, companionship and opportunities for
independence for autistic children.”
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE:JPM) is a leading global financial services firm
with assets of $2.5trillion and operations worldwide. The Firm is a leader in
investment banking, financial services for consumers and small businesses,
commercial banking, financial transaction processing, asset management and
private equity. A component of the Dow Jones Industrial Average, JPMorgan
Chase & Co. serves millions of consumers in the United States and many of the
world’s most prominent corporate, institutional and government clients under
its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is
available at www.jpmorganchase.com.
JPMorgan Chase & Co.
Jennifer Kim, 212-622-7068
JPMorgan Chase & Co.
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