Ancillary Benefit


Also found in: Medical.

Ancillary Benefit

Any extra profit or other benefit involved in a transaction but not directly related to it. For example, one may earn a salary through one's company and also keep the frequent flyer miles one earns on the company credit card. In this case, the frequent flyer miles are ancillary benefits.
Mentioned in ?
References in periodicals archive ?
Ancillary benefit plans are available as standalone products or in addition to medical coverage.
TABLE 5 Potential Ancillary Benefits from GHG Mitigation Category Ancillary Benefit Description Improved Reduced mortality Reductions in associated local Health emissions (i.
Doug Briscoe, president of Innovative Personnel Solutions, a PEO in Jeffersonville, says, "Most employers, including myself, try to put as much toward health insurance as we can, but want ancillary benefits as well.
The ruling also stated that the general benefit of the equipment accrues to the dental practice and "to all patients with an ancillary benefit to the visually impaired individuals.
An ancillary benefit of this approach is the relief of pedestrian congestion attributed to the adjacent subway station and narrow sidewalks.
This would also have the ancillary benefit of introducing more market discipline without unduly alarming core depositors.
If the employment and self-employment activities are similar in nature, expenses relating to the self-employment activity, but which also may provide an ancillary benefit to the employment activity (such as trade journals and unreimbursed continuing education), may be deducted on the Schedule C as a business expense.
By working with a good benefits administrator and a good stop-loss carrier, an employer can hold down ancillary benefit program costs and tailor benefits and provider lists to fit employees like a pair of comfortable spectacles.