Advisers say employers are increasingly purchasing voluntary dental plans as an effort to cut costs, meet new ACA requirements and retain employees.
Industry onlookers are saying that the voluntary exemption in the Affordable Care Act will do little to improve dental health across the nation as projections point to federal and health exchanges doing little to lower costs for Americans. However, can private dental exchanges and savings plans help to fill this void?
Employers, on the whole, report seeing their health care costs continuing to rise most suggest that costs will jump 19% between 2013 and 2014 alone.
The ACA's pediatric dental requirement brings increased attention to this popular benefit.
With fewer employees getting vision care, major diseases are missed early on, leading to higher overall health costs
Associate Editor Gillian Roberts chats with experienced broker and adviser Kevin Roberts from the halls of NAHU's annual conference. He says with the ACA around the corner, he hopes more people take advantage of NAHU's resources.
Historically, voluntary benefits have been dismissed by busy agents as more trouble than they are worth, but with the Affordable Care Act moving closer to full implementation, agents looking to keep existing clients and gain new business should give them a closer look. Still not convinced? Following are five reasons for incorporating voluntary benefits into client proposals:
Aflac Inc., the largest seller of supplemental health insurance, says President Paul Amos II will have expanded duties for Japan operations and investments as the company prepares for the eventual departure of his father, Chairman and Chief Executive Officer Dan Amos, 61.