Search
 

"Checking the Label" on Dental Benefits Plans

A grocery store is an ideal place for comparison shopping, allowing consumers to select from multiple versions of similar products. As consumers peruse the aisles, each product's package is an attempt to entice them to buy.

By Sponsor: Metlife | Updated on August 13, 2010

A grocery store is an ideal place for comparison shopping, allowing consumers to select from multiple versions of similar products. As consumers peruse the aisles, each product’s package is an attempt to entice them to buy. The packaging, which may read, higher fiber, lower cholesterol, and all-natural flavors, does not reflect the core value of the product, but is rather an inducement. The ingredients are the critical elements, and the only way to recognize exactly what is in the food is to “check the label.”

While there is no grocery store for employee benefits plans, the concept remains the same: the most important part of the decision process to select any benefit is to “check the label.” When it comes to dental plans, one size does not fit all, but many brokers and employers are tempted to simply compare prices and do a basic review of each plan’s “packaging” (e.g., deductible, annual maximum, coverages, and programs like Rollover), without drilling down into the plan “ingredients.” Though it’s not always obvious, these ingredients can differ dramatically from plan to plan and have a major impact on the value of the plan to employers and their employees.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.