High Maximum Benefit Dental Insurance Sales Skyrocket
A maximum benefit is the annual limit on insurance company spending toward a consumer's covered dental care. Both preferred provider organizations (PPO) and indemnity plans have maximum benefit limits, and these plans make up over nine-out-of-ten plans sold in the private dental insurance market. In 2023, the average maximum benefit observed across DentalInsurance.com products was
"Soon after COVID hit, inflation began to spike in consumer goods," commented DentalInsurance.com President Avery Smith. "We knew it was only a matter of time before dentists had to raise their prices. To protect consumers from large out-of-pocket costs, DentalInsurance.com made a strategic decision to offer more plans with high maximum benefits. The approach has proven hugely popular with consumers. In the third quarter of 2023, 40 percent of our core sales were dental plans with high maximums."
DentalInsurance.com offers a variety of high maximum dental plans from top brands such as MetLife (NYSE: MET), Cigna (NYSE: CI), and Humana (NYSE: HUM):
- NCD Complete by MetLife (
maximum benefit)$10,000 - Humana Extend 5000 (
maximum benefit)$5,000 - Delta Dental Immediate Coverage Plan (
maximum benefit)$3,000 - Cigna Dental Vision Hearing 3500 (
maximum benefit on dental work with separate limits on additional hearing and vision benefits)$2,500
Consumers shopping for high maximums should always read insurance conditions to see if a maximum excludes any service or is lower on a particular category of care (e.g. braces). For more detailed information on dental plans with high maximum benefits, see Dental Plans with the Best Maximum Benefits.
Launched in 2001 by Mark Kelsey, DentalInsurance.com is the pioneer of the online dental insurance marketplaces. DentalInsurance.com is headquartered in
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SOURCE DentalInsurance.com