Voluntary Dental Products
Cost: $3,500; published 2025
Flexibility and choice are important elements of any voluntary product, but they are especially vital for voluntary dental products. Providing options is essential, from product structure to benefit options to types of dental networks.
The Voluntary Dental Products Spotlight™ Report provide data on current voluntary dental products including benefit specifics, maximum benefit levels, coinsurance, deductibles and waiting periods, underwriting, enrollment, commissions, product results and future trends. Carriers can use this information to better evaluate the competitiveness of their voluntary dental product.
View Table of Contents
1. Executive Summary
A. Report Objectives
B. Methodology
C. Key Findings
2. Market Overview
A. The Overall Voluntary Dental Market
B. Employer Perspective
C. Employee Perspective
D. Key Competitors
3. Product Details by Carrier
A. Product Structure and Specifics
1. Definition of Voluntary for Dental
2. Most Recent Changes to Voluntary Dental Product
3. Use of Outside Partner/Vendor for Dental Product
4. Product Structure & Platform
5. Dental Plan Type Offered
6. PPO Network Offered
7. Standard Benefit Design
8. Benefit Levels/Coverage Amounts for Most Common Plan
9. Basis of Benefits
10. Summary of Additional Benefits/Treatments
11. Adult Orthodontia
12. Implants
13. Oral Cancer Screening
14. Extra Cleanings for High Risk Individuals
15. Whitening Treatments
16. Other Cosmetic Procedures
17. Posterior Composite Filling
18. Occlusal Night Guards
19. Adult Fluoride
20. Pediatric Essential Health Benefit
21. Tele-dentistry Option
22. Onsite/Mobile Dentist Office Visits
23. Direct-to-Consumer Plastic Teeth Aligners
24. Incentives for Preventive Care
25. Other Optional or Included Benefits
26. Exclusions
B. Maximum Benefit Levels
1. Maximums for each Category
2. Overall Plan Maximum
3. Different Orthodontia Maximum Allowed
4. Takeovers after January 1st
5. Annual Maximum Rollover Provision
C. Coinsurance, Deductibles & Waiting Periods
1. Coinsurance and Annual Deductible Options
2. Lifetime Maximum Deductible
3. Waiting Period Options
4. Late Entrant Waiting Period Options
D. Employee and Employer Options
1. Employee Choice vs. Employer Decisions
2. Continuity of Coverage
3. Multiple Plan Designs Allowed
4. Core/Buy-up Options
E. Underwriting and Enrollment
1. Account-Level Underwriting
2. Plan Selection Guidelines/Criteria
3. Employee-Level Underwriting
4. Participation Requirement Variations by Plan Design
5. Annual Open Enrollment
6. Special Guidelines on Unlimited Maximums
7. Renewal Underwriting
8. Re-Enrollment Options
F. Identification Cards and Claims
1. Dental ID Card Options
2. Dental Claims Problems
3. Average Speed of Claims Payment
4. Real-Time Claims Payment Capabilities
5. Loss Ratio Results
G. Costs and Commissions
1. Structure of Premiums
2. Number of Rate Zones
3. Rate Guarantees
4. Employer-Paid vs. Voluntary Premiums
5. Standard Commissions
4. Product Sales, Results and Future Trends
A. Product Differentiators and Sales
1. Product Differentiators
2. Voluntary Dental Sales for 2024
3. Voluntary Percentage of Total Dental Sales
4. Product Profitability
B. Product Results
1. Average Group Size
2. Average Participation
3. Average Annual Premium per Employee
4. Persistency
5. Takeovers vs New/Virgin Cases
6. Work in Progress and Takeovers
C. Challenges & Future Trends
1. Product Challenges
2. Current and Future Product Trends