List Of Ancillary Benefits

The definition of ancillary is “providing the necessary support to the primary activities or operation of an organization, institution, industry, or system.” Ancillary benefits with health insurance are no different. They are simply secondary products that are available to help enhance insurance plans. The term ancillary groups several types of secondary products together.

Some examples of ancillary care products are:

Cancer

Accidental

Vision

Dental

Hearing

Home health

Short-term medical

Hospital Indemnity plans 

Source: https://empowerhealthinsuranceusa.com/what-are-ancillary-products/

These products are here for you to use, along with your insurance, to help make the most out of your plan. We can help you at Woody’’s Insurance put a complete package together to meet your health needs. 

VA Ancillary Benefits

VA’s health care providers may employ ancillary services to help diagnose or treat your medical condition. These services include:

Audiology (hearing)

Blind and Vision Rehabilitation

Chiropractic Services

Dental

Diagnostic Laboratory

Nutrition and Food Service

Nuclear Medicine (imaging)

Occupational Therapy

Pharmacy

Physical Therapy

Prosthetics (artificial limbs, equipment, devices)

Radiology (x-rays and imaging)

Radiation Oncology (cancer care)

Recreation and Creative Arts Therapies (music, art, dance and drama)

Respiratory Therapy

Social Work (housing, discharge planning, family support)

Speech/Language Pathology (speech, language, voice, fluency, cognition, and swallowing)

Traumatic Brain Injury

Source: https://www.va.gov/healthbenefits/access/ancillary_services.asp

Woody’s Insurance is Veteran owned and operated. 

Ancillary Benefits For Employees

Employee benefits are any form of compensation paid to employees over and above regular salary or wages. Employee benefits come in many forms and are an important part of the overall compensation package offered to employees. Below, we’ll list common examples of small business employee benefits.

Employee benefit examples

Here is a list of popular employee benefits in the United States:

  • Paid time off such as PTO, sick days, and vacation days
  • Health insurance
  • Life insurance
  • Dental insurance
  • Vision insurance
  • Retirement benefits or accounts
  • Healthcare spending or reimbursement accounts, such as HSAs, FSAs, and HRAs
  • Long term disability insurance
  • Short term disability insurance
  • Tuition reimbursement
  • Childcare benefits
  • Gym memberships or discounts
  • Wellness programs
  • Employee recognition programs
  • Relocation assistance
  • Commuting/travel assistance
  • Telecommuting options
  • Workplace perks such as recreation activities, food and coffee, and flexible work schedules

The information is taken from: https://www.peoplekeep.com/blog/examples-of-common-small-business-employee-benefits 

Woody’s Insurance can help integrate your benefits from your employer with ancillary benefits you may need to fully protect you and your family.

Current Trends Regarding Ancillary Benefits

Everyone wishes they could see into the future — but until we inherit that ability, we will have to rely on trends to guide us. As ancillary benefits like dental, vision, and medical coverage continue to be desired, here are the 6 ancillary benefits trends for 2020 that you can use to tweak plan offerings.

  1. Employers to Offer Wider Range of Benefits
  2. Personalized Employer Group Benefits
  3. Workplace Wellness Remains Popular
  4. Groups Look to Brokers to Provide Employee Benefit Education
  5. Pet Insurance Growth
  6. Insurers Focus on Strength of Social Media Strategy

The complete article at: https://blog.solsticebenefits.com/solstice-broker-blog/6-ancillary-benefits-trends-to-watch-in-2020

We may not be able to see the future, but we are knowledgeable about these 6 ancillary benefits trends and we can work with you and your employer to meet your needs. 

Ancillary Benefits Medicare

Private Medicare plans like Medicare Advantage and Medicare Supplements can cover a lot of benefits, but they generally don’t cover everything. Ancillary insurance products like separate dental plans, heart attack insurance, and life insurance are all important too.

Depending on what Medicare plan(s) you have, ancillary insurance products might be necessary to provide you with the comprehensive coverage and peace of mind you need.

Using the Ancillary insurance definition of any insurance product that is beyond the scope of traditional health insurance or is not included in your healthcare plan. One of the most common ancillary products is life insurance – but ancillary goes far beyond that. Ancillary private health insurance can help you cover the healthcare needs that your Medicare insurance does not cover.

Here are some of the ancillary products that we sell:

Dental

Vision

Hearing

Cancer

Heart attack

Stroke

Hospital indemnity

Life

Final expense

You might think, “wow, do I really need all of those?” You might not – but if you do, you might be able to bundle your benefits. For example, you might be able to find a combination dental and vision plan, or a combination heart attack and stroke plan. Whether or not you need any of these products can depend on your finances, your genetic probability of contracting certain conditions, and what types of plans are available in your area.

Ancillary insurance products are never meant to replace your current health insurance. They are additional products that supplement your existing coverage. Woody’s Insurance can help you with your Ancilliary needs.

Complete article here.

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