We know you are concerned about cost, so here are a few things to keep in mind:
- Understandably, many benefit managers fail to realize that dental risk is vastly different from medical risk. Unlike medical risk, dental risk is highly predictable and is completely free of catastrophic loss. In addition, dental expense, unlike medical expense, experiences stable inflation. Estimating funding costs, therefore, can be done with a high degree of confidence.
- Experience with many DR/DA plans already implemented indicates that employers can expect about 60% of employees to utilize the benefits. With DR/DA, employers pay only for those employees who do utilize the plan rather than paying insurance premiums for all employees.
- While DR/DA plan costs will vary from month to month, you can request a cost estimate from Direct Reimbursement Dental based on an actuarial formula that will help predict long-term costs.