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The Benefits of Group Dental Insurance
One of the primary benefits of group dental insurance is cost savings. Employers can negotiate better rates due to the volume of participants, leading to lower premiums and out-of-pocket costs for employees. For businesses, offering dental insurance is a strategic advantage, as it is a highly valued benefit that can improve job satisfaction and reduce turnover rates.
Moreover, group dental plans often provide comprehensive coverage that includes preventive care, basic procedures, and major dental work. This comprehensive coverage ensures that employees can maintain their oral health without the financial burden of high costs. According to the National Association of Dental Plans, employers offering dental benefits see a 20% increase in employee retention rates1.