Accident And Health Benefits

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.

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.


Investment dictionary. . 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • accident and health benefit — ➔ benefit1 * * * accident and health benefit UK US noun [C or U] INSURANCE ► a regular payment made by an insurance company or government to someone who cannot work because of an accident or illness: »Donna now lives on accident and health… …   Financial and business terms

  • Occupational safety and health — is a cross disciplinary area concerned with protecting the safety, health and welfare of people engaged in work or employment. The goal of all occupational safety and health programs is to foster a safe work environment.[1] As a secondary effect …   Wikipedia

  • Health insurance in the United States — The term health insurance is commonly used in the United States to describe any program that helps pay for medical expenses, whether through privately purchased insurance, social insurance or a non insurance social welfare program funded by the… …   Wikipedia

  • Health insurance — is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care expenses among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll …   Wikipedia

  • Health care system — A health care system is the organization of people, institutions, and resources to deliver health care services to meet the health needs of target populations. There is a wide variety of health care systems around the world, with as many… …   Wikipedia

  • Health and Disease — ▪ 2009 Introduction Food and Drug Safety.       In 2008 the contamination of infant formula and related dairy products with melamine in China led to widespread health problems in children, including urinary problems and possible renal tube… …   Universalium

  • Health Insurance Portability and Accountability Act — The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers… …   Wikipedia

  • Health and Welfare Trust — A Health Welfare Trust (HWT) is a tax free vehicle for financing a corporation s healthcare costs for their employees. They were introduced in 1986 by Canada Revenue Agency (CRA) in their interpretation bulletin entitled IT 85R2. Few companies… …   Wikipedia

  • Health care reform in the United States — ] Current estimates put U.S. health care spending at approximately 16% of GDP. [http://www.cms.hhs.gov/NationalHealthExpendData/25 NHE Fact Sheet.asp#TopOfPage National Health Expenditure Data: NHE Fact Sheet, ] Centers for Medicare and Medicaid… …   Wikipedia

  • Health care systems — This article describes policy related systems. For the article on hospital networks, which are sometimes referred to as health care systems, see hospital network. A health care system is an arrangement in which health care is delivered. There are …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”