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What is ancillary health insurance?

Higginbotham

Ancillary benefits can also include benefits outside your medical insurance, such as dental, vision, life and disability insurance. There are two main types of ancillary health insurance: voluntary benefits and employer contributory benefits. Examples of Ancillary Health Insurance. Vision Insurance.

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What is a POP (Premium Only Plan)?

Higginbotham

A Premium Only Plan is an option that may offer significant tax savings for all involved parties. With a POP plan, employees can use their pre-tax compensation to buy a group insurance plan or other qualifying benefit. This allows employees to pay using pre-tax dollars. What is a Premium Only Plan?

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4 Life Hacks to Extend the Value of Your Benefits

Benefit Resource Inc.

Take out a life insurance policy for added peace of mind. There are any number of employee benefits you can take advantage of which either contribute to your financial security or provide you more time to enjoy the little things in life. We are all faced with choices every day which can lead you to save time or money.

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Open enrollment checklist for employers

Business Management Daily

The survey results will help you prioritize the benefit changes or expansions that would be most impactful for your current employees so that you can utilize your benefits budget effectively. Many businesses start out with basic health plans and then add on dental and vision once they’re able to. They also cover dental care expenses.

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Steps In Benefits Administration For New Hires: 6 Best Practices

Genesis HR Solutions

Types of benefits include: Health and welfare benefits: Typically medical, dental, vision, disability, and life insurance products. Pre-tax savings plans can also be included here, as well as ancillary benefits like accident, illness, and pet insurance. Utilize electronic benefit enrollment systems.