What is the Treasure State Dental Plan?
• A dental benefit plan in which patients are reimbursed a percentage of their expenses based on the dollars spent rather than a class of procedure codes. • The employer determines the percentage of reimbursement and maximum benefit per year. • All procedures, except cosmetic, are eligible expenses. • There is no insurance company involved. Insurance is unnecessary due to the predictability of claims, low utilization and plan maximums. What are the advantages for the employer? • Employers can design a plan that fits their budget and the needs of their employees. • None of the dollars spent by the employer are going to an insurance company for risk, retention, premium tax, and profit. This means more dollars are available to pay employee dental benefits. • The employer is able to control costs through plan design and adjusting the annual maximum. • The simplicity of Treasure State Dental makes the program ideal for employer self‑administration or a third party administrator. Using eithe
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