Ancillary Employee Benefits

Ancillary Employee Benefits

Ancillary employee benefits, often referred to as supplemental benefits, are non-wage perks provided by employers to enhance the overall compensation package for employees. These benefits go beyond basic health insurance, retirement plans, and paid time off, aiming to improve employee satisfaction, retention, and well-being.

Nework Dental Vision

Network & Dental Vision

Group dental and vision insurance offers coverage for dental and vision care services to employees within a group, typically through an employer-sponsored plan. These plans often provide benefits for routine dental check-ups, cleanings, fillings, and other dental procedures, as well as coverage for vision exams, eyeglasses, and contact lenses. Group insurance arrangements leverage the collective bargaining power of the group to negotiate better rates and coverage options, making dental and vision care more affordable and accessible for employees and their families.

Life Insurance

Accident Insurance

Additional coverage for injuries resulting from accidents, both at work and outside of work.

Life Insurance

Hospital Indemnity Insurance

  • Designed to help with the costs associated with hospital stays, this policy pays a lump-sum benefit for each day an insured individual is hospitalized.
  • The benefit can be used for various expenses, including deductibles, co-payments, and non-medical costs like transportation and lodging for family members.
Life Insurance

Critical Illness Insurance

  • This policy provides a lump-sum payment if the insured is diagnosed with a covered critical illness, such as cancer, heart attack, or stroke.
  • The lump sum can help cover medical expenses, household bills, and other financial obligations during a challenging time.
Life Insurance

Cancer Insurance

  • Specifically tailored to assist with the costs associated with cancer treatment, this policy offers benefits for various expenses related to diagnosis, treatment, and recovery.
  • Benefits can include payments for chemotherapy, radiation therapy, surgery, and other cancer-related treatments, as well as non-medical costs like transportation and childcare.
Life Insurance

Short-Term Disability Insurance

  • Provides income replacement if the insured is unable to work due to a covered illness or injury, offering financial support during the recovery period.
Life Insurance

Long-term disability

Long-term disability - is a type of insurance coverage that provides financial benefits to individuals who are unable to work for an extended period due to a disabling illness, injury, or condition. These benefits typically replace a portion of the individual's lost income, helping them cover living expenses and medical costs during their period of disability.

Life Insurance

Dental Indemnity Insurance

  • Help cover the costs of routine dental care, such as cleanings, exams, and fillings, as well as more extensive procedures like root canals and crowns. It can be purchased as stand alone or Supplemental to another Dental plan.
  • Good at any Dentist

Life Insurance

Vision Indemnity Plan

Provides financial assistance for vision care expenses, such as routine eye exams, prescription glasses, and contact lenses. Policyholders receive a predetermined benefit amount for each covered service, allowing flexibility in choosing eyewear and vision care providers. This indemnity plan offers peace of mind by helping to offset the costs associated with maintaining good eye health and optimal vision correction. Good anywhere.

Life Insurance

Voluntary Whole Life

Voluntary Whole Life a permanent policy that builds cash value

Life Insurance

Voluntary Term Life

Voluntary Term Life a policy covering death for a window of time, typically 10 years, 20 years or 30 years.

Each of these policies serves a specific purpose, offering financial protection and peace of mind in different situations. It’s important for individuals to assess their needs and choose the policies that best fit their circumstances.

Long-Term Care Insurance

Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating.

Guarantee Issue Life Insurance

Whole Life - guarantee issue that builds cash value and must have a minimum of 5 employees to qualify and enrolled

 

Term Life - guarantee issue covers for death within a window of time 10 years, 20 years or 30 years and must have a minimum of 10 employees to qualified and enrolled.

Healthworx & it's Key initiative 1501 Health

The 1501 Health program, run by Healthworx in partnership with LifeBridge Health, is an incubator and investment initiative designed to support early-stage healthcare companies. It provides up to $125,000 in funding, along with mentorship, resources, and a structured program to help startups develop and scale their solutions. The program targets innovations that can significantly impact the healthcare ecosystem by improving quality, accessibility, and affordability. Selected startups benefit from tailored guidance and connections with healthcare experts, aiming to integrate their innovations effectively into the broader healthcare system improving healthcare for all.

 

Working with Multi-Unit Restaurant, Franchises, Non-profits & many other businesses with 130 employees or more.

READ MORE

FAQs

Insurance operates as a risk management tool where individuals or entities pay premiums to an insurance company in exchange for financial protection against potential losses. The insurer pools these premiums to create a fund used to cover claims for damag

A skilled benefit Specialist will ask personalized questions to discover specific insurance program needs for each Business and then further customization happens as they have 1 on 1 meetings with employees and discover either their individual/ Family's n

Yes, one can benefit from insurance by receiving financial protection and peace of mind against significant and unexpected losses. In the event of an insured incident, such as a medical emergency, accident, or property damage, the insurance company covers

A section 125 plan, also known as a cafeteria plan, allows employees to choose from a variety of pre-tax benefits, such as health insurance, dental and vision plans and other ancillary benefits along with flexible spending accounts (FSAs). By offering the