The Best Option for Dental Insurance
As everyone knows, employers will benefit the most sought after medical insurance, dental insurance is complete. The reason for this should be clear to all dental insurance products that are actually used on a regular basis. If an employee has not been cleaned their teeth twice a year they want and if they have a dental plan that paid for this. Despite being recognized as the insurance, the teeth are the most desirable of all the benefits, only 30% of employees working for companies with fewer than 99 employees have access to the Bureau of Labor Statistics (2009) study was published. But what is the sad fact is that employers will not get value for money for their plans, have been implemented.
Current methods for dental insurance.
General store of the employer's dental plan at the same time that he had insurance group health plan. As a general rule, the employer use the services of one or more of an insurance agent to buy all his interests together, which includes medical products and vision, dental and other insurance supplement. I have no time to make a very important question: What are you trying to achieve, offering any of these benefits?
Answer the question above. (If you have asked all) usually have the desire to attract and retain high quality employees to improve employee morale and productivity and to compensate employees for wage increases. Unfortunately, what happens is more likely to send a representative survey of employers to a number of service providers to create a spreadsheet program like this and achieve the lowest cost option. Unfortunately, the design plan, only to be presented as follows:.
100% coverage for preventive and diagnostic services with no deductible.
80% for basic services such as fillings and simple tooth extraction.
50% for major services, such as bridges and crowns.
The annual deductible of $ 50 for basic and major services.
The agent can be added to orthodontics for children.
Other options. But the meaning is the context of Endodontics and the importance of providing basic services to increase the costs.
You are more likely to wonder if there's anything wrong with this approach and simple answer is, surprisingly: it has nothing to do with the needs of your organization. In fact, these ¨ approach is actually counter-intuitive. In this way you can get a plan that is expensive and increases costs significantly over time. The award is more than you want to pay the agency problem is that you typically pay 50% of premiums for employees. The result is a participation rate of less than 70% of employees who have not, because I do not want employees to participate in dental insurance. But because they have limited dollars. Here are some suggestions for improving the results of participation in a dental plan for your group are as follows.
1: To change the year, less the deduction of a lifetime. Reduce insurance premiums and creating a plan that employees do not want to get away from
2: To consider the elimination of annual tax and replace it with a copayment per visit from $ 10 to $ 20 copayments for employees to use their health insurance, and how the idea more than a year earlier. One of these changes could reduce premiums by 10% or more.
3: The benefits plan for new hires to be based on advantages over the first year was more than three years. As this board · The waiting time and reduce insurance premiums.
4: The agent with the participation of 50% of the premium that is an option that costs less and a global process of prevention and diagnosis only in North Carolina, this option would cost. employer for less than $ 9 a month per employee. This will be discussed in future articles