You’re finally ready to choose a dental plan for your employees – you’ve made a great decision! A majority of consumers consider dental benefits to be a “very important” part of the essential benefits package. Choosing a dental plan can be a confusing and complicated task, even to a seasoned business owner. The best plan for one company might not necessarily be the best plan for another. But what factors should you consider?
Age is an important factor in determining your employees’ dental needs.
Employees between the ages of 20-39 are less likely to have poor oral health. This age bracket is also more likely to have children. They appreciate tools that encourage kids to practice good oral health habits.
Employees between the ages of 40-59 appreciate a dental plan that covers more restorative procedures.
Those in the 60+ age range are more likely to face more complicated conditions and need a dental plan that covers full restorations.
Prevention is key. While medical insurance primarily focuses on treatment, prevention is the key idea behind dental insurance. What types of services does the dental plan cover? It seems like all policies are alike – but they’re not! Look for a plan that emphasizes preventive and diagnostic care. Most dental problems, such as cavities, are nearly 100% preventable with proper dental care.
Work within your budget. As an employer, it’s important to understand what your payment obligations are. In addition to monthly premiums, there may be cost-sharing arrangements on services. Next, look at deductibles. This is the amount that members must pay before the plan pays for all or a portion of the costs. Deductibles vary. Lower-priced premiums typically have higher deductible amounts. There are also plan maximums. The higher the annual maximum, the higher the premium.
Pick a plan with a large network. How many dentists will be in the network locally? Do you have any employees that work in different states and/or regularly travel? An affordable dental plan doesn’t mean anything when it provides access to only a narrow network of dentists. Make sure your dental plan offers you the lowest cost– with the most choice.
Regardless of the dental plan you choose, making the decision to give your employees a dental plan is the right choice. HDS recommends that you consult with your broker or consultant when evaluating a dental plan. For more information on HDS dental plans, visit www.HawaiiDentalService.com.