How Small Businesses Gather Value Offering Ancillary Benefits to Employees

Feb 25, 2024 | AEB Insights, Employee Benefits

Discover the expansive realm of ancillary benefits and, for small businesses, how they offer value. They complement group health insurance perfectly, providing a reassuring safety net for unexpected medical expenses that often arise during a hospital stay. Ancillary benefits cover essential services like ambulance transportation, blood, drugs, and medical supplies, extending their protective reach beyond traditional healthcare policies. Imagine the peace of mind your employees will experience knowing they can access vital services like dental, vision care, and disability plans. By offering these additional benefits, your organization demonstrates a genuine commitment to employee well-being and reaps the rewards of heightened productivity. Boost office morale, attract top-tier talent, and improve employee satisfaction with these value-added benefits.

Small businesses gather value, offering ancillary benefits, and while they may not be mandatory, they provide numerous advantages to employees.

  • Peace of mind
  • Tax benefits
  • Reduced costs
  • Expanded Coverage Yielding Quality of Life Improvements

These supplemental benefits provide significant value and help employees avoid costly medical expenses caused by gaps in their health plans. Enhance your employee benefits package and, as a result, attract and retain top-level talent with competitive ancillary benefits.

Types of ancillary benefits to offer?

  • Health Savings Accounts (HSA)
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance

Other types of ancillary benefits to consider:

  • Accidental Death & Dismemberment Insurance
  • Critical Illness Insurance
  • Accident Insurance
  • Wellness Programs

Some organizations even provide access to Pet Insurance!

AEB can work with each client to tailor the best benefits plans, providing your employees access and peace of mind.