Should Your Business Provide Dental Insurance?
While not required by law, offering dental insurance to your employees as part of a comprehensive benefits package can give your business an edge in recruiting employees and maintaining a positive work environment. Most employers believe that ancillary coverage is an unnecessary expense, however, that is far from the truth. Dental insurance is becoming a powerful wagering tool in the job market and a secret weapon for increasing revenue.
Recruitment and Retention
Dental insurance is the most requested benefit after employee health insurance, and therefore a staple for any business looking to recruit and retain valuable employees. Small employers who wish to compete with larger, more established companies can do so by offering their employees more robust benefits packages. By providing this perk that most companies don’t, you can position yourself as a more attractive option to potential employees. With the job market more competitive than ever, including dental insurance is a simple, cost-effective way for businesses to remain competitive.
Employee Health & Satisfaction
Employees who have dental coverage are more likely to participate in preventative care that can be beneficial to their overall health. However, without this care or treatment of possible dental issues, they can be at risk of developing more serious health issues down the line. By including dental insurance in your benefits package, your business will see a decrease in absenteeism and therefore an increase in productivity. Business costs associated with dental insurance will surely be offset by the lack of business interruption caused by unhealthy employees.
An increase in employee health does more than just affect their body. Comprehensive benefits that address basic health needs can greatly impact employees’ quality of life. Employees will lead more fulfilling lives outside of the office and return to work feeling positive and refreshed.
Comprehensive Specialty Coverage
Offering a good employee benefits package can be transformative for a small business. Feel confident attracting the best and most qualified employees for your business’ needs without worrying about what large companies have to offer. Dental insurance continues to be a valuable and desirable part of employee-sponsored benefits that can help improve workers’ health and productivity. If you need help finding the right plan for your organization, the experts at BMPG can help tailor a solution that fits your specific needs and budget. Request a call now.