DEFINITION of 'Accident And Health Benefits'

Fringe benefits provided to employees for sickness, accidental injury, or accidental death. These benefits include payment of hospital and medical expenses as well as income payments.

BREAKING DOWN 'Accident And Health Benefits'

Generally, employees can exclude the benefits from gross income. There is some incentive to extend these benefits to employees because the employer is entitled to a deduction for the payments.

  1. Accidental Death Benefit

    The accidental death benefit is payment due to the beneficiary ...
  2. Accidental Death And Dismemberment ...

    Accidental Death and Dismemberment Insurance (AD&D) is coverage ...
  3. Fringe Benefits

    Fringe benefits are additional compensation provided to an employee ...
  4. Voluntary Accidental Death And ...

    A financial protection plan that provides a beneficiary with ...
  5. Aviation Accident Insurance

    Insurance that provides coverage for injuries resulting from ...
  6. Defined-Benefit Plan

    A defined-benefit plan is an employer-sponsored retirement plan ...
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  1. Are fringe benefits deductible for the employer?

    Learn how the IRS treats the taxation of fringe benefits provided by an employer to employees, contractors, partners and ... Read Answer >>
  2. How do fringe benefits help increase employee retention?

    Offering fringe benefits can be a valuable retention tool for employers wanting to maintain a high-quality, highly productive ... Read Answer >>
  3. What types of companies usually offer fringe benefits?

    Learn what types and sizes of companies typically offer fringe benefits to employees in an effort to recruit as well as retain ... Read Answer >>
  4. Why is accidental life insurance so inexpensive?

    Accidental life insurance is an inexpensive way of obtaining life insurance coverage for yourself or someone else in your ... Read Answer >>
  5. Are fringe benefits direct or indirect costs?

    Learn how to allocate costs associated with fringe benefits provided to employees and how to determine when a cost is either ... Read Answer >>
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