It used to be that every employer would offer dental benefits to their employees. Today, though, in one of many necessary cost-cutting measures, companies are either opting to significantly reduce their dental benefits or eliminate them altogether.
If you are going to offer dental insurance to your employees, it’s important to understand what the plans cover and communicate that to your employees. But, how can you tell if you’re offering adequate dental benefits to your workers?
Here are some tips.
Make Sure It Covers Preventative Care
At the very least, dental benefits should cover all preventative dental care. In most cases, this covers two visits every year, one of which includes dental X-rays.
The dental insurance plan that you offer employees should either completely cover these visits free of charge, or should only have a minimal co-pay due at the time of the visit.
In addition to preventative care, your dental benefits should provide at least some coverage for other dental work, including fillings, root canals, crowns and some types of oral surgery.
Some of the best dental plans adhere to the 100-80-50 rule. These plans cover 100% of preventative care, 80% of the most basic procedures and 50% of major procedures.
Make Sure It Offers Some Additional Coverages
A lot of dental insurance plans today will start and stop with that coverage. Any costs above and beyond what’s outlined above are the full responsibility of the patient.
What’s more, more extensive oral care — such as periodontics and orthodontics — aren’t covered at all.
If you really want your company to stand out, though, it’s a good idea to offer some sort of coverage for these types of care. Orthodontics, in particular, is an attractive type of coverage for families.
It’s very expensive to pay for children who need braces, for example, so having some help covering these costs go a long way for some employees.
Employers should at least consider adding this type of coverage to their dental benefits, based on how much it would cost them and their employees, as well as exactly what it would cover.
Make Sure It Has a Large Network of Providers
A key aspect of any health benefit is the network of providers that fall under it. While many traditional health-care plans have large networks, a lot of dental plans do not.
As an employer, it’s always best to find a dental plan that offers as large a network as possible. Of course, this may be difficult and even cost-prohibitive at times.
In many ways, it’s a careful balance that employers must make — figuring out how to offer the widest network of providers while keeping costs to a reasonable level.
Dental PPOs typically have a larger network of providers than Dental HMOs do. However, they may come with monthly premiums that could be three times as high as Dental HMOs.
This is where it’s very important to understand what providers are considered in-network and then compare that to where your employees live. It’s possible that the smaller network that a Dental HMO offers would be sufficient for your company, even though it’s not for another company.
What’s more, you should also consider what type of coverage the dental benefits offer for out-of-network care, if any at all. If the plan offers coverage for providers who aren’t in-network, for instance, it could be adequate enough for most employees, while also helping to keep costs low.
Make Sure You’re Offering More Than Competitors
One thing that all companies should do is investigate what their competitors are offering in terms of dental benefits. Are your competitors offering dental benefits at all? If they are, can you figure out what the general details are?
By at least matching what your competitors are offering, if not offering more, you’ll be able to separate yourself when you’re trying to recruit and retain top talent. In today’s competitive job market, every little bit counts.
Beckham Insurance Group Can Help You Assess Your Dental Benefits
Deciding whether you should offer dental benefits to your employees, and whether the dental benefits that you do offer are adequate, can be a challenging task for any business to undertake. There are so many different variables to consider, and so many different things to weigh.
That’s why working with an experienced benefits company like Beckham Insurance Group is such a great idea. If you’re located in the South Carolina or Georgia region, our experienced professionals can help you make sure you’re offering dental benefits that any employee would love to have.