Your employees are your best assets, and protecting them and their families provides long-term benefits to your company. Lyman & Sheets has expertise in evaluating and designing new programs to assure your company’s financial health and the well-being of your employees.
Good oral hygiene is a major determining factor in an individual’s overall health. Early detection of certain oral conditions, such as periodontal gum disease, can help prevent the onset of medical conditions like diabetes and cardiovascular disease. Offering dental insurance to employees has been linked to significant savings on medical costs. Allowing employees access to a variety of dental providers at reduced rates on services not only promotes good employee health but ensures a productive work force.
Employer-sponsored/Contribution Businesses willing to contribute premium dollars toward their employee’s dental coverage help eliminate adverse selection for insurance carriers. Generally, employer contribution levels help determine the underwriting guidelines and benefit levels available to your group. Employees are able to use their dental benefits immediately without having to meet waiting-period requirements on major types of services.
Group size will determine underwriting requirements and benefits available.
Under 10 employees
10 – 50 employees
Voluntary/Payroll Deduction A voluntary dental program can help attract and retain employees, reduce the cost of absenteeism, and lower a business’s medical costs. Employees can have the premium for the benefit deducted directly from their paychecks so there is uninterrupted protection without the worry of missed premium payments. Employees may not be able to buy dental benefits on their own, thereby resulting in exposure to uninsured risks.
The percentage of participation will impact underwriting requirements and benefits available.