Healthcare Provider Update: Healthcare Provider for Antero Resources: Antero Resources employees primarily receive their healthcare coverage through the Affordable Care Act (ACA) marketplace. This allows them to navigate various plans and select options that best suit their individual and family needs. Potential Healthcare Cost Increases in 2026: As Antero Resources employees prepare for 2026, they may encounter significant healthcare cost increases driven by anticipated surges in ACA premiums. Some states could witness rate hikes exceeding 60%, primarily due to the expiration of enhanced federal premium subsidies that currently mitigate costs for many consumers. This perfect storm of rising medical expenses, coupled with aggressive pricing from insurers, could result in over 75% of policyholders facing substantially higher out-of-pocket expenses. As healthcare affordability becomes a pressing concern, it is vital for employees to assess and adapt their coverage strategies ahead of the impending hikes. Click here to learn more
Most Antero Resources employees have already heard of the Free Application for Federal Student Aid, or FAFSA, if they or someone they know has plans to attend a college, career school, or university. Last year, around 70% of families submitted a FAFSA to the Department of Education to secure financial assistance. But what many prospective and current students may overlook are the various federal grants awarded to students in need each year.
Granted value
Most federal grants, unlike loans, function as sources of funding. There are some exceptions, though. For example, if a student is awarded a grant, but withdraws from the program in which they’re enrolled, they may be required to pay back all or a portion of that grant.
Know your grants
The Department of Education offers multiple aid packages as part of the Federal Student Grant Program and all Antero Resources employees should be aware of them. The following four are granted most often, and each has different requirements for eligibility. The information below applies to the 2023-2024 academic year:
- Federal Pell Grants - With a maximum award of $6,895, Pell Grants are reserved for undergraduate students who have exceptional financial need and have not earned a bachelor’s, graduate, or professional degree yet.
- Federal Supplemental Educational Opportunity Grants (FSEO) - FSEO Grants award a maximum of $4,000 to those who demonstrate exceptional need and have not yet earned a bachelor’s or graduate degree. FSEO Grants also give priority to Pell Grant recipients over other applicants.
- Iraq and Afghanistan Service Grants - These grants award a maximum of $6,895, and they’re only for students whose parent or guardian served in a branch of the U.S. Armed Forces and died while serving in Iraq or Afghanistan after the events of 9/11.
- Teacher Education Assistance for College and Higher Education (TEACH) Grants - TEACH Grants award a maximum of $4,000, and they’re reserved for students who are enrolled in teaching preparation programs and agree to teach for a minimum of 4 years at the elementary or secondary school level in a high-need field.
FAFSA Required
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No matter who you are or your financial situation, you may want to consider submitting a FAFSA. After all, the grants listed above do require recipients to have an application on file with the Department of Education. And who knows? The potential financial benefit that you as a Antero Resources employee could secure may surprise you.
- Finder.com, 2019
- StudentAid.gov, 2020
What is the 401(k) plan offered by Antero Resources?
The 401(k) plan at Antero Resources is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax basis, helping to build a nest egg for retirement.
How can I enroll in Antero Resources' 401(k) plan?
Employees can enroll in Antero Resources' 401(k) plan by completing the enrollment process through the company’s benefits portal during the open enrollment period or when they first become eligible.
Does Antero Resources offer a company match for the 401(k) contributions?
Yes, Antero Resources offers a company match on employee contributions to the 401(k) plan, which helps to enhance your retirement savings.
What is the maximum contribution limit for Antero Resources' 401(k) plan?
The maximum contribution limit for Antero Resources' 401(k) plan is determined by IRS regulations, which may change annually. Employees should check the latest guidelines for the current limit.
Can I change my contribution percentage in Antero Resources' 401(k) plan?
Yes, employees can change their contribution percentage to Antero Resources' 401(k) plan at any time, subject to the plan's guidelines.
What investment options are available in Antero Resources' 401(k) plan?
Antero Resources' 401(k) plan offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to choose based on their risk tolerance and retirement goals.
When can I access my funds from Antero Resources' 401(k) plan?
Employees can typically access their funds from Antero Resources' 401(k) plan upon reaching retirement age, or in cases of hardship or termination of employment, subject to specific plan rules.
Is there a vesting schedule for Antero Resources' 401(k) company match?
Yes, Antero Resources has a vesting schedule for the company match in the 401(k) plan, meaning employees must work for the company for a certain period before they fully own the matched contributions.
How does Antero Resources communicate changes to the 401(k) plan?
Antero Resources communicates changes to the 401(k) plan through official company emails, benefits newsletters, and updates on the employee benefits portal.
Can I take a loan against my 401(k) at Antero Resources?
Yes, Antero Resources allows employees to take loans against their 401(k) balance, subject to the terms and conditions outlined in the plan.
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