How dental benefits help employers stay competitive

by MikeMeehan 7/19/2018 9:22 AM

Full compensation packages that include dental coverage can help you stand out from your competition. Not only do they make you look more attractive from the outside, but they also help you save time and money internally. Read on to learn why dental coverage is a key part of staying ahead of the pack. Attracting talented employees According to McKinsey, top performers in business are around eight times more productive than average performers. Attracting and retaining these top employees is critical in a highly competitive marketplace and offering dental benefits can help.  Consider this: Two out of 3 employees report that dental coverage is an extremely or very important part of an overall compensation package. In fact, dental benefits ranks higher in importance than disability, life and retiree health insurance. And offering an attractive benefits package matters when it comes to the hiring process; 3 out of 4 workers state that the benefits package offered by an employer is an extremely or very important part of their decision to accept or turn down a job.  Saving your employees (and yourself) time and money Every year, Americans lose more than 164 million hours of work from dental disease, costing companies significant amounts of productivity. Offering dental benefits helps employees stay healthy by encouraging them to seek preventive care. In fact, employees with dental coverage are 73 percent more likely to schedule dental checkups annually than those without it. And visiting the dentist regularly leads to better oral health and early dental disease detection, preventing time away from work required to treat more complex issues.  Dental coverage can also help you and your employees lower the cost of medical care. The dentist will screen for oral cancer, increasing the odds that it will be caught early. Additionally, signs of over 120 diseases may be detected in the mouth including heart disease, diabetes and even some cancers, according to the U.S. Surgeon General Report on Oral Health and the World Health Organization. This disease detection may help improve treatment options and patient outcomes.  If you’re looking for a competitive edge, dental benefits can help. Speak with your benefits consultant or local Delta Dental representative to review your options for employee coverage.  

Your Dental Benefits for the Year Ahead

by MikeMeehan 2/21/2018 12:26 PM

Now that 2018 is well underway, your yearly expense planning may also be in progress. As you’re organizing your finances and other paperwork in preparation of tax season, it’s also a great time to check on the status of your dental benefits. Here are some things to consider. First, check to see if your dental benefits renew at the calendar year or the contract year, which is usually based on when your plan actually took effect. For example, if your benefits started in April, your benefits would typically renew 12 months later, in April. If your benefits renew at the calendar year, the annual slate will typically be wiped clean on your benefits such as: Deductible: Your deductible is the set dollar amount you must pay out-of-pocket before your dental plan begins to pay for covered services, so you’ll need to meet this amount again for 2018. Preventive services, such as exams and cleanings, are typically covered regardless of whether your deductible has been met. Annual maximum: This is the maximum amount your dental plan will pay toward your dental care within a specific period, often a calendar year. Your annual maximum reset if your plan renewed January 1. If you were holding off on treatment because you reached your 2017 annual maximum, you may want to schedule an appointment now. While you’re assessing your dental benefits, you may also want to review where you stand on lifetime maximums. This is the maximum amount of money your plan will pay toward specific services, such as orthodontics and prosthodontics, over the course of a lifetime. Many services have no lifetime maximum. Always check the specifics of your dental plan to understand any applicable maximums or deductibles.  

Save Money With In-Network Dentists

by MikeMeehan 12/6/2017 1:21 PM

During the holidays, a lot of us are spending money on gifts, decorations, entertaining, traveling, and donations. Luckily, you can save money at your dental appointments by visiting a Delta Dental in-network dentist. If you’re watching your pennies this time of year, think about the money you’re saving or could save when you visit a Delta Dental dentist. We’ve created a chart below so you can see an example of the savings for a common procedure. Delta Dental in-network dentists have agreed to pre-established fees on most common dental procedures for Delta Dental members. Every network dentist also goes through a credentialing process, so you know you’re getting quality care and saving on out-of-pocket costs. Another benefit of using our extensive dentist network is protection from “balance billing.” Our in-network dentists have agreed not to charge more than Delta Dental’s allowed fees. Delta Dental dentists will not bill you for the difference between the allowed fee and their usual fee, also known as balance billing. You can choose to visit an out-of-network dentist, but the fees will be higher. Also keep in mind, you may be balance billed if you go out of network. Take a look at the chart below for an example of the money you can save: Example Savings for a Common Procedure   Estimated Charge Maximum Allowed Fee Percentage Paid by Delta Dental Amount Delta Dental Pays Amount Dentist can Balance Bill Total Amount You Pay Your Total Cost Savings Delta Dental PPOSM Network $1,200 $850 50% $425 $0 $425 $350 Delta Dental Premier® Network $1,200 $975 50% $487.50 $0 $487.50 $225 Out-of-Network $1,200 $1,100 50% $550 $100 $650 $0     You can find a Delta Dental in-network dentist by using the Find a Dentist tool or our free mobile app. We have more than 152,000 dentists in our nationwide network.

Archive



©Delta Dental of Missouri 2012