BofA Changes Benefits Plans

The Charlotte-based bank said Thursday that it will consolidate almost all of its health and insurance plans under Aetna Inc. starting next year.

As part of the change, Bank of America will put $600 to $1,200 every year into health care accounts for employees who earn less than $100,000. The employees can use the money to pay for health care expenses not covered by insurance, such as deductibles and co-pays.

It also plans to boost paid maternity, paternity and adoption leave to 12 weeks, and add to the reimbursement available for employees who enroll in job- and degree-related coursework.