|Employees generally like DDRPs benefit structure... or their approach to dental coverage. Primary because, the majority of DDRPs first $1,500. of yearly dental cost is pickup by the employer.|
On the other hand, for the exact same reason... because employers pickup the majority cost.
Many Employers Shy Away From DDRPs
Yes, dental direct-reimbursement-plans can be costly, for employers.
|Nevertheless, employers do have some say... or cost containment options they can exercise.|
Before we look at these cost containment options... let's look at how dental direct-reimbursement-plans works.
Does all the above mean an employee can go out and get $5,000. worth of dental work, and leave you, the employer with the bill?
Of course not.
DDRPs Are Not Quite That Liberal And One Sided
Let's look at how direct-reimbursement-plans are structured and modified for cost containment purposes.
Just like with indemnity ("traditional" dental insurance), or most other type dental plans... dental direct-reimbursement plans have a yearly maximum allowance.
|Meaning... a dental direct-reimbursement-plan will only pay for a limited amount of dental work... each year or annually.|
DDRPs annual or yearly maximum allowances are usually around $1,500.
Okay, so now, let's look at...
Why They're Called Direct-Reimbursement-Plans
DDRPs reimbursement structure for dental work is usually along the lines of the following:
This is a generic structure of how most direct-reimbursement plans reimburse. Employers can juggle and change structure as they see fit.
Ok, so now let's see how...
Reimbursement Amounts Can Be Adjusted
Here's one example... you, as the employer can decide to pay 100% of the first $100 of expenses, vs. paying 100% of first $300.
You can then decide to pay 75% of next $300... or any combination there of... whatever you, the employer deem sound and fair.
Employers have the option to offer coverage to employees only, or to employees and dependents.
It's up to you, the employer as to how you want to adjust the above variables.
|These are all options, you, the employer can adjust or change... to help you with cost containment or financial/budgeting issues.|
The only and obvious...
...Drawback With Direct-Reimburesment-Plans
You, as the employer must have deep pockets, to front the cost of dental treatment.
And, if you have hundreds or thousands of employees. I don't have to tell you how deep your pockets need to be to offer a DDRP
On the other hand... I recommend a dental plan and structure that's a lot less costlier than any Direct Reimbursement Dental Plan?
Actually, it's healthcare membership organization with open arms for employees and employers alike... with numerous benefits for both.
To start with... just like with dental direct-reimbursement-plans... this discount plan cuts out the middleman hassle... the insurance carriers.
This dental plan goes so much further then just cutting out insurance carriers... and eliminating all claim forms.
Just like with DDRPs...
This Discount Dental Plan Has NO Deductibles
And, no waiting period... no claim forms... and employees can choose their own dentists and specialists... from a vast network of certified dentists.
Coverage includes ANY and ALL dental work... including coverage for ALL cosmetic dental work, too.
All this can be verified below...
...learn about the many perks employees and employers enjoy when they become members of this powerful discount healthcare organization.
"Checkem" out... you'll be glad you did.
Finally, If You Want...
More behind the scene info about any of the other 4 major types of dental insurance plans... simply click on link of interest below:
Take care, and...