Self-funding dental can create winners for everyone- employers, brokers and consultants. For employers, it can provide much needed cash savings for other projects, hiring additional employees or an offset to the continuously rising medical costs. For brokers and consultants, it can help you obtain new business. Most employers would be very happy for you to find the money needed for them to purchase your services!
How Does Self-Funding Your Dental Save Money?
Let me start out by asking you a question. Have you looked at your client’s dental claims history over the last three years? You may be surprised to find that the actual increase in usage from year to year varies from less than one percent to three percent per year, in most cases. Since that is true, let me ask you one more question.
Why are selling insurance for something that varies so little? Believe it or not, most people do not ask themselves this question and continue to sell fully insured giving the profit to the insurance company.
Give BMA a call today to discuss how we can help you win business with a Self-Funded dental plan.