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NerdWallet's Smart Money Podcast

Maximizing Your Benefits: A Guide to Employer-Provided Perks

Nov 9, 2023
Learn about various employer-provided benefits beyond health insurance in this podcast. Amber Clayton discusses dental and vision coverage, long-term care insurance, pet insurance, legal assistance, adoption assistance, gym memberships, and mental health benefits. Get tips for open enrollment and important reminders for upcoming deadlines.
30:19

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Separate dental and vision coverage from health insurance plans, allowing employees to choose their coverage.
  • Employers offer additional benefits like pet insurance, prepaid legal services, and financial wellness programs to attract and retain employees.

Deep dives

Dental and Vision Coverage

Dental and vision coverage are often separated from regular health insurance plans, allowing employees to select the coverage or opt-out. Dental plans typically provide 100% coverage for preventive care, such as teeth cleaning, while other services like x-rays or cavity fillings may require employees to pay a percentage. Vision coverage usually includes eye exams, eyeglasses, and contacts, with potential coverage for medically necessary procedures like LASIK. Employers may offer various options, such as preferred provider organization (PPO) plans, health maintenance organizations (HMO) plans, and exclusive provider organizations (EPO).

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