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Employee Benefits Terms

Creating the perfect employee benefits strategy for your organization includes understanding the language involved. That’s why we've defined some commonly used employee benefits terms to help clarify the technical jargon.

A

  • Ancillary Benefits

B

  • Behavioral Risk Management
  • Benefits Administration

C

  • Cafeteria Plan
  • Consolidated Omnibus Budget Reconciliation Act
  • Consumer Driven Health Plan
  • Copayment

D

  • Dependent Care Assistance Program

E

  • Employee Assistance Plan
  • Employee Benefits
  • Employee Benefits Benchmarking
  • Employee Benefits Broker
  • Employee Retirement Income Security Act of 1974
  • Employer Sponsored Plan
  • ESRP

F

  • Family Medical Leave Act
  • First Dollar Coverage
  • Flexible Spending Account
  • Fully Insured Health Plan

G

  • Group Health Insurance

H

  • Health Savings Account
  • High Deductible Health Plan
  • Human Capital Consulting

I

  • ICHRA
  • IRC125
  • Intermittent Leave

L

  • Large Group Health Plan

M

  • Medical Savings Account

S

  • Self-Funded Health Plan
  • Stop Loss Insurance

T

  • Target Benefit Plan
  • Third-Party Administrator

V

  • Voluntary Accident Insurance
  • Voluntary Life Insurance

More Term Categories

Personal Insurance Terms

Browse our personal insurance definitions to better understand your coverage options!

Business Insurance Terms

Learn the most common terms and phrases you'll find pertaining to business insurance!

General Insurance Terms

Expand your knowledge of the insurance industry with these general insurance terms!

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