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.
Universal Studios ups the ante another notch, also giving its staff movie passes, admission to preview screenings and bargain prices on CDs - an ancillary benefit of working for the Vivendi Universal entertainment empire.
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.
Among the exchanges currently operated by CHOICE Administrators, in addition to CaliforniaChoice, are CaliforniaChoice 51+ ; HSA California; Choice Builder, the nation's first ancillary benefit exchange; and Quotit, one of the nation's largest individual/family proposal and online enrollment systems that generated 22 million individual health quotes in 2011.
An ancillary benefit is that the thick walls seem to knock down all noise from neighboring rooms.
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.
CHOICE Administrators are the CaliforniaChoice([R]) small group (2-50 employees) and mid-market (51-199 employees) private exchanges; HSA California; Choice Builder, the nation's first ancillary benefit exchange; and Quotit, one of the nation's largest individual/family proposal and online enrollment systems that generated 6.
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.