The federal government requires employers to offer employee benefit packages to their workforce. These packages must include workers’ compensation insurance, Medicare, unemployment insurance, health insurance, and annual leave, among other benefits. Even so, employers are free to incorporate anything else that can benefit their employees. Dental insurance is one incredible benefit you can add to your employee benefits package. It pays for the costs associated with dental care, saving your employees from paying out of pocket. In general, having dental insurance in the benefits package can help in the following ways.
Over 80 percent of employees regard dental insurance as one of the most important employee benefits, per the Society for Human Resource Management (SHRM). It makes sense to say that giving dental insurance to your employees can be a great way to motivate them.
Depending on one’s oral health status, it is important to have a routine dental check-up at least once in 3 to 24 months. Failure to have regular checkups can result in dental problems such as gingivitis, tooth decay, and root infection, which can cause your employees to miss work. Unfortunately, dental check-ups can be expensive, especially for someone without dental insurance coverage, which is why many Americans skip them. Dental insurance can help reduce absenteeism by making dental care more affordable for employees. With this coverage, employees can go for annual check-ups and professional teeth cleaning sessions at little to no cost.
Job seekers are more likely to apply for jobs in companies that offer employee benefit packages. In fact, a significant percentage of candidates prefer jobs with benefits to those with a big salary. Since most companies offer employee benefit packages, what you include in your package will set your organization apart. Dental insurance is the second most desirable benefit after health insurance. So, having it in your employee benefits package will attract top talent and retain it amid the stiff industry competition.
As mentioned above, routine dental check-ups can save you from many oral health problems. With access to dental care, your employees will be less likely to call in sick or take medical leaves. Remember, according to the Centers for Disease Control and Prevention (CDC), poor oral health increases the risk of certain chronic diseases including cancer, diabetes, and heart disease. Therefore, employees that observe good oral health are generally healthier than those who don't.
Workplace productivity largely depends on the employees’ health status, morale, work environment, wellness, and tools, among other factors. As seen above, dental insurance can help motivate employees and improve their health and wellness. A healthy workforce can be productive. Thus, it is possible to improve productivity in your organization by including dental insurance coverage in the employee benefits package.
Carrying the right commercial insurance from the start is probably the best way to protect your business against future uncertainties. For a policy that will suit your business’s unique risk exposures, contact our team at Humble Insurance Group today. We look forward to assisting you with customized coverage.