In today’s competitive marketplace, most businesses wish they might provide current and potential employees with comprehensive dental care benefits. “Dental plans rank as the next most important employee benefit, just behind health and retirement.”18 In accordance with Cathy Smithwick, dental practice leader at Mercer Consulting, dental coverage could be the “visible benefit because on average 75% of employees will work with a good dental plan.”19
Dental benefits not just increase employee satisfaction and morale, but they are able to also cut down the hours lost due to dental issues. In accordance 牙周病治療 with Oral Health in America, “employed adults lost more than 164 million hours of work each year due to dental disease or dental visits.”10
A recently available study from NADP demonstrates only 56% of the U.S. population has dental insurance.11 Therefore, inexpensive dental care solutions are highly coveted by both employers and employees. “To satisfy employee demand, more employers added dental to the advantages menu in recent years. One of the final holdouts, the us government, will offer dental benefits to employees in 2006.”20
“Seven out of ten employers (71%) offer dental benefits, often with them as the differentiating element in recruiting and retaining employees.”18 The investigation demonstrates the bigger a business is, the more likely they’re to provide dental benefits. “Among firms with at the very least 10 employees, 56% offered dental coverage in 2003. Just one year later, that figure leaped to 67%, in accordance with an annual survey of employer-sponsored health plans by Mercer Human Resource Consulting. Dental offerings among large employers (500 employers and up) jumped from 90% to 96% of firms.”20
Unfortunately, many businesses cannot afford to pay all or element of their workers’dental benefits. “Mercer data show dental costs averaged $577 for all employers in employers in 2003 and edged around $598 in 2004, a 3.6% increase. Large employers, meanwhile, saw a 5.4% increase from $574 to $605.”20 In accordance with Evelyn Ireland, Executive Director of NADP, “employers aren’t dropping dental coverage, but they’re squeezing the total amount of money they’re contributing to it.”20 Whilst the expense of providing dental benefits to their employees continues to rise, businesses are passing these price hikes to employees. “Probably the most obvious method for employers to manage dental costs … is to make employees pay more.”20
Kirk Rothrock, CEO of CompBenefits, believes that many businesses are shifting the expense of dental benefits to their employees.20 “The biggest trend we’ve seen during the last three to four years could be the move from employer-paid benefits to voluntary benefits,” he says. “Employers are saying, ‘I can’t afford to pay your dental benefits.’ ”20 The State of the Dental Benefits Market, 2005 confirms that “over 70% of the population is paying at the very least some of the dental premiums” and about 25% are paying for their entire dental premium.16
Many businesses are turning to discount dental plans, an affordable alternative to dental insurance, to defray the costs of providing their workers with valuable dental benefits. Discount dental plans present flexible, affordable dental benefits that are easy to implement and practically effortless to manage. They give businesses with a great way complement their existing benefits and offer a more balanced benefits package. Many businesses are employing discount dental plans to provide dental benefits to individuals that are rarely covered by traditional dental insurance, including retirees, part-timers, seasonal workers and uninsured dependants.
Discount dental plans are much less costly compared to $600 many companies are paying to cover employees with traditional dental insurance. Furthermore, discount dental plans save businesses valuable company time with convenient dental benefit solutions free from tedious paperwork hassles. By giving employees the freedom to select their very own plan, businesses are relieved from the burden of picking dental benefits to match the initial, individual needs of the diverse workforce. Discount dental plans allow businesses to award their workers with the satisfaction they deserve and the affordable dental care they desire.