ebr logo bar
February 2018  Volume 16, Number 2        
 

The Advantages of Bundling Group Dental and Vision Insurance

If you shop around, you might be able to save money and get better group coverage by purchasing your dental and vision insurance from the same company.

By purchasing them as a bundle, you could qualify for a discount for buying “in bulk.” Many insurance companies are happy to offer lower prices since they know they’ll receive two premiums.

Another financial benefit bundling offers is you might be able to lock down your premiums for longer than 12 months. Some insurance carriers will guarantee a rate for 24 months if you purchase both plans from them. Then you can either put the savings toward other expenses or use the savings to improve your plan benefits. You also may qualify for extra coverage without spending extra money — such as including orthodontics in your dental plan.

You also might find a carrier who offers medical plans combined with dental and/or vision plans. Remember that if you use this option, your employees will not be able to pick and choose which coverage they want — they’ll have to go with all or none of the options in the bundled plan.

Whatever bundle you choose, make sure your carrier offers quality plans. No amount of money saved is worth a plan that doesn’t take care of your employees’ basic medical, dental and vision needs.

[return to top]


 

 

 

 

In this issue:

Macy’s Tobacco Cessation Program Questioned

Affordable Care Act Compliance Issues to Watch in 2018

Questions to Ask Potential Retirement Plan Providers

Communicating the Value of Your Health Benefit Plan

The Advantages of Bundling Group Dental and Vision Insurance

 

 


The information presented and conclusions within are based upon our best judgment and analysis. It is not guaranteed information and does not necessarily reflect all available data. Web addresses are current at time of publication but subject to change. SmartsPro Marketing and The Insurance 411 do not engage in the solicitation, sale or management of securities or investments, nor does it make any recommendations on securities or investments. This material may not be quoted or reproduced in any form without publisher's permission. All rights reserved. ©2017 The Insurance 411. http://theinsurance411.com Tel. 877-762-7877.