Aflac
Aflac has introduced a voluntary dental insurance policy, the features of which include:
Annual maximum building benefit: This benefit increases each covered person’s policy year maximum by $100 after each 12 consecutive months the policy is in force, up to a maximum of $500 per covered person.
Orthodontic rider benefit: The enhanced rider benefit will pay $500 for the initial orthodontic treatment and then $50 for continuing treatment each month up to 18 months.
Dependent age extended: The dependent age has been increased to 26.
Issue age extended: The issue age has been increased to 70.
A recent Aflac study found 33 percent of consumers are not offered dental plans at work while 86 percent said employer-offered dental benefits are important to them. Research by LIMRA shows dental insurance is the third most desired benefit after major medical insurance and retirement benefits.
The Dental Care Research study was conducted by insightexpress in June 2010, via an online survey of 1,000 consumers, to understand which plans are most commonly offered by employers, how the plan pays out benefits, and how important dental benefits are when evaluating employer benefits packages.
To participate, respondents had to be from 25 to 54 years of age with an income of $30,000 or more. The final sample is representative of the U.S. population based on census data for age and geographic region.
Aflac Group insurance policies are underwritten by Continental American Insurance Company.
