Dental Premium Costs Subside
The two most popular designs for dental plans, fee-for-service and preferred-provider organizations (PPOs), have seen a decline in average annual cost increases since 2001; but, dental health maintenance organizations (DHMOs), the highest degree of dental plan managed care, have had a slight rise in costs over the last two years.
The average dental-benefit cost will increase by about 6.8% in 2004, compared with an increase of 7.6% in 2001, according to a report by Mercer Consulting. Another report, from the National Association of Dental Plans, give a specific cost, predicting that fee-for-service family coverage from a medium-size employer will cost about $5.75 more per month, compared with last year.
Employees say a dental plan is their second favorite benefit next to medical, and its pricing stability might make plan sponsors more obliged to offer the dental plan benefit.
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