|[April 11, 2017]
Voluntary Dental Sales Are a Growing Part of the Dental Market and Overall Voluntary Market, According to a Recent Eastbridge Study.
In 2015 voluntary dental increased its overall share of the voluntary
market to 13 percent, according to Eastbridge's U.S.
Voluntary/Worksite Sales Report, and appears to be continuing this
momentum into 2016. The survey participants in the most recent dental
study indicated that voluntary dental compromises about one-third of
their current overall dental sales. In addition, the majority of the
recent carrier participants reported an increase in voluntary dental
sales, ranging from minimal to 38 percent.
Eastbridge's 2017 Voluntary Dental Products Spotlight™ Report
provides data on today's voluntary dental market. The report also takes
a detailed look at the voluntary dental products of 15 carriers,
including sales results and competition, product specifics, underwriting
guidelines,enrollment practices, costs/commissions and future trends.
Following are a few additional findings from the report:
Delta Dental, MetLife and Guardian were the top competitors named in
the voluntary dental market.
Most carriers use a broad benefits offering and strong dental network
to differentiate their voluntary dental plans. Flexibility of plan
design and ease of enrollment were also mentioned as differentiators.
While product variety continues to increase in terms of the dental
benefit choices offered, the choice of networks available and the plan
customization requested, some carriers remain hesitant about increased
choice and customization being feasible long-term because of
administration, pricing and risk issues.
The report is currently available for purchase for $3,000. For more
information or to order, call today at (860) 676-9633 or email
Eastbridge at firstname.lastname@example.org.
Eastbridge Consulting Group, Inc. is a marketing advisory firm
serving insurance and financial services organizations in the United
States and Canada.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170411005472/en/
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