Ancillary Benefits

Ancillary Benefits

Enhance Your Employee Benefits Package

Supplemental ancillary benefits fill the gaps left by major medical insurance and can make a significant impact on your organization. By offering these benefits through our trusted insurance partners, you can attract new talent and retain employees, all while strengthening your existing employee benefits package.

What Are Ancillary Benefits?

Ancillary benefits include essential coverage options such as:

• Dental Insurance
• Vision Plans
• Life Insurance (including Buy-Up Life)
• Short-Term & Long-Term Disability
• Accident Plans
• Critical Illness Insurance
• Hospital Indemnity Insurance
• Employee Assistance Programs

How Ancillary Benefits Can Help You Save

Eligible employers can reduce their medical premiums by adding various ancillary plans to their benefits package. Here are some average savings, which are different per each insurance company:

• Dental: 2% savings
• Vision: 0.5% savings
• Life and Supplemental Life: 0.5% savings
• Supplemental Health (Accident, Critical Illness, or Hospital Indemnity): 0.5% savings
• Disability: 0.25-0.5% savings

BCBSIL Ancillary Products & Services

Blue Cross and Blue Shield of Illinois offers a wide range of ancillary products and services designed to help financially protect your employees and their families.

• Life Insurance
  Life insurance ensures that your loved ones are financially protected in the event of an untimely death. It’s a key decision for anyone who wants to provide security for those who depend on them financially.

• Short-Term Disability (STD)
  STD plans provide financial support when sickness or injury prevents your employees from working full-time.

• Long-Term Disability
  Long-Term Disability insurance helps secure an income for employees who are unable to work due to an unexpected illness or injury.

• Accidental Death & Dismemberment (AD&D)
  AD&D coverage offers additional benefits if an employee’s death or injuries result from an accident.

• Critical Illness
  Critical Illness insurance delivers a lump sum of cash to the insured to help cover unplanned expenses related to critical illnesses.

• Accident Insurance
  Accident insurance provides cash directly to the insured to help with unexpected costs associated with accidental injuries.

• Hospital Indemnity
  Hospital Indemnity Insurance helps cover the unforeseen costs of hospitalization by providing direct cash benefits to the insured.

• Vision Insurance
  Vision insurance offers comprehensive coverage for eye exams and corrective eyewear, complementing your medical coverage and contributing to overall health.