It鈥檚 not only an office with a view that woos the best and brightest hires today. Believe it or not, dental benefits rank up high in attracting and retaining them, a number of research studies show.
Two out of three employees report that dental insurance is very or extremely important in deciding whether to accept or turn down a job, according to McKinsey & Company.聽
Dental benefits now rank higher in importance or as important as disability, life and retiree health insurance, according to surveys conducted by LIMRA,International, Inc., the Harvard Business Review, and others.聽聽聽
鈥淚t really does first and foremost, help an employer stand out from the competition because there are a number of employers, still, that are not offering dental coverage,鈥 said Brad Clothier,聽executive vice president of business development for Delta Dental of Arizona, the largest dental benefits provider in the state. 鈥淪o it does give you a competitive advantage when you look at full compensation packages.鈥
Member rolls grow with more offerings for small business聽聽
Not too long ago, many smaller businesses could not afford to offer dental benefits for employees. But an industry focus on their needs is putting more people into the dentist鈥檚 chair, Clothier said. Even better, it appears to be making employees a lot healthier.聽
About five years ago, Delta and other insurance companies began to target smaller businesses with more options, including voluntary dental benefits, where employees pay the full price of premiums.聽
During that time, Arizona-based Delta Dental saw its member rolls swell from 893,000 to approximately 1.3 million today, Clothier said.聽
鈥淲e鈥檝e made a real conscious effort to sell to small businesses with two to 49 employees,鈥 he said. 鈥淲e鈥檙e adding 400 to 500 small businesses a year.聽
鈥淭hat was something we really didn鈥檛 focus on a few years ago. Everybody was always after the elephant hire, the big companies.鈥
Voluntary plans rising in popularity聽
鈥淲hat we鈥檙e finding is smaller employers are trying to remain competitive with larger employers by offering comprehensive benefit packages. Dental has become a part of their offering,鈥 Clothier said.聽
Today, smaller employers can opt to pay full price for premiums, share the cost of premiums with employees, or have voluntary dental plans.聽
The voluntary plans are one reason for Delta Dental鈥檚 rapid growth in Arizona, Clothier said.聽聽
鈥淚f employers cannot afford it, they can still give people a choice,鈥 he said. 鈥淚f you鈥檝e got 25 employees and 12 take the dental plan, those are 12 people that are going to have an overall healthier atmosphere for their employers and families.鈥澛
Dental benefits help smaller businesses compete聽
Attracting and retaining top employees has become critical in a highly competitive marketplace.聽
Superior talent is 400 percent more productive than the average performer, according to studies cited by . In highly complex occupations like software development, high performers are 800 percent more productive.聽
Being able to offer comprehensive health benefits including dental and visions can help entice these workers, Clothier said.聽
鈥淚t used to be medical just got you by, that鈥檚 how you get top performing hires.鈥澛犅
Millions of work and school hours lost to aching teeth
According to the national Centers for Disease Control (CDC), millions of work and school hours are lost each year due to unplanned, or emergency, visits to a dentist. On average, over 34 million school hours are lost and over $45 billion is lost in productivity each year due to unplanned dental care, the CDC .
Regular dental visits prevent dental and other health problems, including gum and heart disease.
Meanwhile, almost 70 percent of adult consumers with dental benefits reported they see the dentist at least once a year versus 40 percent without, according to the 2018 Adult Oral Health Survey.
And that鈥檚 good for businesses, Clothier said.聽聽






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