Dependents benefits are a variety of advantages offered by employers and government programs that are designed to provide economic support to qualifying family members. Examples of dependents benefits include health insurance coverage, Social Security benefits, and educational benefits.
Eligibility for Dependents Benefits
In order to be eligible for dependents benefits, family members must meet certain criteria as defined by the program. Generally, family members must be a spouse, a dependent child, or a parent of the applicant in order to receive dependents benefits. The applicant must also be the primary financial supporter for the family member.
Types of Dependents Benefits
Many employers offer a range of different types of dependents benefits, such as health insurance. Some health insurance plans will provide coverage for a spouse or dependent child, while others may include coverage for both. Other types of dependents benefits that may be provided by an employer include life insurance, disability insurance, and even access to educational programs.
Government Programs for Dependents Benefits
In addition to employer-sponsored programs, the government provides a range of different programs that provide benefits to qualifying family members. The most common of these programs are Social Security, Medicare, and Medicaid. Social Security provides financial assistance to retirees, disabled people, and families with dependent children. Medicare and Medicaid provide health coverage for those who meet certain eligibility requirements.
Key Takeaways
Dependents benefits are a variety of advantages offered by employers and government programs that are designed to provide economic support to qualifying family members. Eligibility requirements vary depending upon the program. Common types of dependents benefits include health insurance, Social Security, and educational benefits. Government programs such as Social Security, Medicare, and Medicaid provide additional dependents benefits.