MetLife Enhances Benefits Offering for Small Employers

September 25, 2008 ( - MetLife has enhanced its dental, disability and life insurance products available to smaller employers (those with 10 to 499 employees) to include features popular among larger employers.

According to a press release, enhancements to its dental benefits include:

  • Graduating Dental Benefits, an option that increases the annual maximum benefit for dental plan participants each year for up to three years (capped at $3,000) regardless of their claim history. For example, an employee could have an annual maximum of $1,000 for year one, $1,250 for year two and $1,500 for year three. MetLife’s Graduating Dental Benefits offers increased benefits without a rollover of unused benefit dollars, eliminating the need to “save” benefit dollars for later calendar years.
  • Increased flexibility in choosing annual maximum, deductible and allocation of services options, which help smaller business employers keep the plan features they want, while meeting their desired price points. In addition, MetLife offers increased flexibility on coinsurance and orthodontia maximums.

MetLife has expanded its disability benefits offering to small employers to include:

  • A wider range of options on provisions such as eligibility requirements, maximum benefit amounts and pre-existing condition limitation/exclusion (subject to state variation), and
  • Lower participation levels available for employers meeting certain requirements for contributory Short Term Disability and/or Long Term Disability.

In addition, MetLife has arranged with its service partners to make available the following value-added options:

  • Employee Assistance Program (EAP) services are now an option with all Basic Term Life and Core Buy-Up coverage – a combination of basic and supplemental life insurance coverage.
  • Travel Assistance with Identity Theft Solutions is available with Basic Accidental Death and Dismemberment (AD&D), Core Buy-Up, and Optional AD&D.
  • The payout of the Accelerated Benefit Option for both Basic Life and Core Buy-Up Life has increased up to 80% of the benefit, to a maximum $500,000.

More information is at .