Dental

Dental

Overview

Dental health is essential to overall physical wellness. And, everyone’s oral health needs are different. Vertus’ executive team has special expertise and knowledge of dental benefits based on years of leadership experience with leading dental insurance providers.

Providing this important benefit answers a need that many employees view as essential to personal and family well-being, further cementing employee loyalty and productivity.

Vertus experts will consult with your team to review your current net costs by carrier and procedure, researching current trends in modern dental care within the context of your client-specific data. We use those findings to recommend a structure created to promote employee health, wellness and satisfaction. And our strong relationships with leading carriers enable us to offer high-quality services within a transparent, evidence-based dental program, supporting a stable risk pool and optimizing utilization.

  • Plan design analysis
    • Benefits review and recommendations
    • Certificate review
    • Policy review
    • Structure
  • Financial review
    • Pricing review
    • Underwriting
    • Funding review
  • Proposal development and marketing
  • Network analysis
    • Access
    • Utilization
    • Discounts
  • Claim audits
  • Benchmarking
  • Ongoing account management and reporting

How we Help

Dental health is essential to overall physical wellness. And, everyone’s oral health needs are different. Vertus’ executive team has special expertise and knowledge of dental benefits based on years of leadership experience with leading dental insurance providers.

Providing this important benefit answers a need that many employees view as essential to personal and family well-being, further cementing employee loyalty and productivity.

What we Provide

Vertus experts will consult with your team to review your current net costs by carrier and procedure, researching current trends in modern dental care within the context of your client-specific data. We use those findings to recommend a structure created to promote employee health, wellness and satisfaction. And our strong relationships with leading carriers enable us to offer high-quality services within a transparent, evidence-based dental program, supporting a stable risk pool and optimizing utilization.

  • Plan design analysis
    • Benefits review and recommendations
    • Certificate review
    • Policy review
    • Structure
  • Financial review
    • Pricing review
    • Underwriting
    • Funding review
  • Proposal development and marketing
  • Network analysis
    • Access
    • Utilization
    • Discounts
  • Claim audits
  • Benchmarking
  • Ongoing account management and reporting

Problem

For companies in every industry, profitable growth is exciting, energizing and emblematic of successful business strategies. But growth also brings challenges, such as finding and onboarding the right talent to maintain momentum. Riding a wave of success, a professional temporary services provider experienced a 120-percent increase in headcount between 2012 and 2016. One result was a significant increase in the cost of the benefit program underwritten by their current provider. In addition, the company was experiencing ongoing errors generated by an enrollment platform that often mismatched employees and their benefit choices. It was time to interview some new employee benefits talent.

Solution

Experiencing significant premium increases, the client turned to Vertus for an independent review of the underwriting assumptions driving their costs. Vertus reviewed the firm’s coverages and revealed a possible 10-percent savings even with the current program. Impressed, the client chose Vertus as its new Broker of Record, after which further technical underwriting generated an additional 21.5-percent reduction in medical cost savings over what would have been the renewal program with the prior broker. Vertus also worked with the client and their payroll processor to reduce processing errors, ensuring smooth running of the onboarding platform with zero errors going forward.

For companies in every industry, profitable growth is exciting, energizing and emblematic of successful business strategies. But growth also brings challenges, such as finding and onboarding the right talent to maintain momentum. Riding a wave of success, a professional temporary services provider experienced a 120-percent increase in headcount between 2012 and 2016. One result was a significant increase in the cost of the benefit program underwritten by their current provider. In addition, the company was experiencing ongoing errors generated by an enrollment platform that often mismatched employees and their benefit choices. It was time to interview some new employee benefits talent.

Experiencing significant premium increases, the client turned to Vertus for an independent review of the underwriting assumptions driving their costs. Vertus reviewed the firm’s coverages and revealed a possible 10-percent savings even with the current program. Impressed, the client chose Vertus as its new Broker of Record, after which further technical underwriting generated an additional 21.5-percent reduction in medical cost savings over what would have been the renewal program with the prior broker. Vertus also worked with the client and their payroll processor to reduce processing errors, ensuring smooth running of the onboarding platform with zero errors going forward.

21% reduction in
medical costs

7% reduction in
dental costs with
improved access

No reduction in
employee benefits

Enrollment platform
audit and
improvement