A fully insured major medical health plan is when an employer pays premiums to an insurance company, which covers employees’ big medical costs like hospital stays, surgeries, and doctor visits, protecting you from very high bills.

A level funded major medical health plan lets employers pay a set monthly amount, combining insurance and savings, with possible refunds if healthcare costs are lower.

A self insured major medical health plan is when an employer directly pays employees’ healthcare costs instead of buying traditional insurance, often with stop-loss protection.

A community share medical health plan is when members pool money together to help pay each other’s medical bills, instead of traditional insurance.

A dental plan helps pay for dentist visits, cleanings, X-rays, and treatments like fillings or crowns, making dental care more affordable.

A vision plan helps cover eye exams, glasses, and contact lenses, making it easier and cheaper to maintain good eye health and clear vision.

Life insurance pays money to your loved ones if you pass away, helping them cover expenses and providing financial security for the future.

Many employers also pay for a basic life policy for all employees.

Disability insurance pays part of your income if you can’t work due to illness or injury, helping cover everyday expenses while you recover.

Ancillary employee benefits are extra perks like accident, critical Illness, cancer or hospital indemnity that supplement regular health coverage and support employees’ overall well-being.