Employee Dental Insurance Benefits
Dental insurance benefits consistently rank as the #1 benefit asked for by employees after health coverage. Dental plans are available on an employer paid basis, contributory or on a purely voluntary basis.The problem today is that many employers can’t afford to absorb the cost of adding a dental program or continuing their current employer-paid dental program. Voluntary dental programs are a great solution. These plans allow employees and their families to purchase dental coverage through the convenience of payroll deduction. Not only will the employees receive quality dental coverage at affordable group rates but they will also be able to pay for the coverage through a Section 125 plan which offers tax advantages to both the employee and the employer.
There are many different types of dental plans available (click on each for more info). Broad Reach Benefits can provide you with a detailed analysis of each plan type and tailor a program specifically for your organizations needs. Whether your company needs a dental plan that’s employer paid, contributory or 100% voluntary we will show you multiple, unique options. A combination of plans may also be used to give your employees a choice.
Indemnity Dental Plans: Employee Benefits Broker
Indemnity plans are by far the most popular and well-liked designs by employees and employers. Insured can visit any dentist nationally so there is never a question of whether the family dentist is “in the plan”. Additionally, dependents away at school, employees traveling and employees in companies with multiple locations always have access to dental care.
Ask any dentist which of the above plan types they prefer and the answer is always the indemnity plan design. The key is to make certain the dental plan pays claims at a high level of reasonable and customary (80th -90th percentile).
Traditional Indemnity Dental Plan Features:
- Choice of ANY dentist! (No networks or lists of dentists!).
- Preventive services covered 100% – No deductible.
- Only 20% participation needed.
- No employer contribution required.
- Claims paid direct to dentist or employee.
- Claims based on the 80th – 90th percentile of UCR.
- 800 customer service hot line.
- Low group rates.
- Pooled risk products.
- Two year rate guarantees.
- Top rated insurance carriers.
Preferred Provider Organizations (PPO)
Adding a Preferred Provider Organization (PPO) to a traditional voluntary dental plan lets the insured choose a dentist from the nationwide network of participating dentists. Of course the insured can still receive care from any dentist they wish, whether they participate in the network or not. If the insured selects a PPO dentist they will receive care at discounted fees (typically 20%) and be assured of no balance billing above the negotiated fees.
- Visiting a PPO provider will reduce treatment costs compared to a traditional plan.
- No balance billing above the covered amount.
- No referrals are needed to see a PPO dentist, even for specialty care.
Managed Care Dental Programs (DHMO)
Managed dental care plans are designed to offer employees and their dependents a broad range of services through a network of providers while helping to reduce dental care costs.
Each insured selects a personal dentist from the directory of participating dentists. Each covered member of the family may select a different dentist. Benefits may be significantly reduced if the insured uses a dentist who does not participate in the network.
- No annual maximums
- No annual or lifetime deductibles
- Higher benefit levels than traditional plans
- Low out-of-pocket expenses compared to traditional plans
Broad Reach Benefits is a recognized industry leader in Voluntary Dental Programs. Based on years of feedback from employers and employees throughout the country, we designed a unique voluntary dental program. The program allows employees to receive dental care from either a traditional indemnity plan or a managed care program (the DHMO).
Insured can actually switch back and forth between the indemnity plan and the managed care plan during the year by making a simple phone call to a toll free number. This change takes place without any intervention by the employers benefits department! This flexibility provides the insured with the ability to continue to use their own family dentist or utilize the services of a DHMO provider for increased savings. The plan also incorporates a preferred provider network on the indemnity side for additional savings.
The program works especially well for groups of employees spread out across the country. Access to a dentist will never be an issue since the insured can use the national DHMO network or simply choose the alternate program and use any dentist in the country.
Direct Reimbursement Dental Programs
Direct Reimbursement dental plans are self-funded by the employer. They provide complete flexibility in benefit design. These plans reimburse patients according to dollars spent on dental care, not the type of treatment received. Patients have the freedom to choose any dentist.