Ancillary Benefits

Ancillary benefits provide additional coverage on top of your employer-provided healthcare plan to ensure all of your employees’ medical needs are met. From miscellaneous expenses like ambulance rides to dental and vision care, these benefits provide valuable coverage to fill in the gaps of your existing insurance policy.

At KSA Insurance, we help employers in South Carolina and the southeastern United States build comprehensive employee benefits packages. We provide options that offer complete coverage and help businesses retain top talent. Contact KSA Insurance today to learn more about ancillary benefits and get a personalized quote.

Building a Better Employee Benefits Package

Building an attractive, fully-fledged employee benefits package is one of the best ways for employers to encourage employee loyalty, reduce turnover rates, attract high-level talent, and boost workplace morale.

While ancillary benefits are not a required coverage, they provide incredible value to employees who would otherwise be responsible for costly medical expenses. These additional coverages can also help reduce long-term healthcare coverage costs by enabling employees to access preventative care and avoid serious illnesses in the future.

What are Ancillary Benefits?

Ancillary benefits are a secondary type of health coverage that cover additional medical expenses not included in your existing medical coverage. Ancillary benefits are typically purchased in conjunction with health insurance as they are considered supplemental.

Expenses covered by ancillary benefits could include ambulance rides, medical supplies, dental care, vision care, disability care, and more. These benefits help reduce the financial burden employees would otherwise shoulder due to gaps in medical coverage.

Voluntary vs. Employer-Contributory

Ancillary benefits can either be voluntary or employer-contributory:

  • With voluntary ancillary benefits, employees pay anywhere between 51% to 100% of the premiums. Employers are not required to contribute to voluntary benefits, and premiums are deducted from employees’ paychecks.
  • With employer-contributory ancillary benefits, employers pay for 50% to 100% of the premiums, and the remaining portion of the premiums are deducted from employees’ paychecks.

Types of Ancillary Benefits

There are several types of ancillary benefits employers can offer to improve their employee benefits packages.

Common ancillary benefits include:

  • Dental and vision coverage are two of the most common ancillary benefits. They provide financial assistance for specified dental and vision care services.
  • Disability coverage provides coverage for employees that become too ill or injured to work.
  • Life insurance provides a lump sum of money to the insured’s beneficiaries in the event of the insured’s death.
  • Critical illness insurance provides a lump-sum payment when diagnosed with a covered illness. This typically covers extreme illnesses like heart attacks, strokes, and cancer.
  • Wellness benefits help cover expenses for things that promote health and wellness, including a portion of the cost for a gym membership, healthy meal plans, and more.

Get A Quote

Purchasing ancillary benefits is a great way for employers to bolster their employee benefits packages and reduce long-term healthcare expenses. KSA Insurance works with most major insurance carriers, including Blue Cross, Blue Choice, Cigna, United Healthcare, Assurant, and Trustmark to help businesses find insurance solutions that meet their needs. Contact us today to get a quote and learn more about ancillary benefits for employers.

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