What percentage of companies offer dental insurance?

August 1, 2015
By

Category: Answers

2018 HSA contribution limit

According to the National Association of Dental Plans, about 50 percent
overall. However, Aflac reported that 74 percent of companies offered
dental insurance in their [2014 Workforce
Report](http://www.shrm.org/publications/hrmagazine/editorialcontent/2014/0914/publishingimages/0914infographic.pdf)
and the SHRM [2015 Employee Benefits
Tables](http://www.shrm.org/research/surveyfindings/articles/documents/2015-employee-benefits-tables.pdf)
list the percentage as high as 96 percent. [For benchmarking
purposes](https://www.hr360.com/Employee-Benefits/Benefits-Trends-and-Benchmarking.aspx),
though, it’s useful to make an [apples-to-apples
comparison](http://www.nsba.biz/wp-content/uploads/2014/02/Health-Care-Survey-2014.pdf).

To get an accurate picture of what comparable businesses are doing about
dental insurance, you should consider three factors:

Company Size

Industry

Region

Size

Smaller businesses with tighter budgets are [closer to that 50 percent
overall figure](http://kff.org/report-section/ehbs-2012-section-2/),
while 90 percent of companies with 500 or more employees are offering
dental insurance.

The National Small Business Association conducted a recent survey. As
part of the survey, business owners were asked whether they offered
dental insurance and their level of contribution. 59 percent said they
offered dental insurance. Of those who did offer it, 23 percent said
they didn’t contribute anything to the plan.

Industry:

Participation in insurance plans is higher in some industries. For
example, the service industry, [according to the Bureau of Labor
Statistics](http://www.bls.gov/ncs/ebs/sp/ebnr0020.pdf), has a lower
percentage of coverage than manufacturing.

For instance, if you work as a
pharmacist,
your chances of having dental insurance through your employment are
fairly high, about 79 percent, but not as high as your opportunity for
overall health insurance coverage, 86.7 percent.

Region:

Where you live also affects the percentage of participation in insurance
coverage, according to the Bureau of Labor Statistics. The Northeast
shows the highest rate of participation at 76 percent, while the South
has the lowest, at 63 percent. The Midwest and Western regions rank in
the middle with 71 percent and 70 percent respectively.

Conclusion:

When comparing your company’s dental benefit offerings, be sure to take
these three areas into consideration. Compare with other companies of a
similar size, industry and region. Any other comparisons could leave you
with a non-competitive benefits package.

Helpful Links:

[Kaiser Family Foundation: Employer Health Benefit
Survey](http://kff.org/report-section/ehbs-2012-section-2/ ) – This
resource provides helpful comparisons among different employer groups as
to offerings of dental insurance along with other types of insurance
benefits.

[IBISWorld: Dental Insurance in the U.S. – Market Research
Report](http://www.ibisworld.com/industry/dental-insurance.html) – A
full market research report on dental insurance statistics can be
purchased on this site.

[Society for Human Resource Management: 2015 Employee Benefits
Tables](http://www.shrm.org/research/surveyfindings/articles/documents/2015-employee-benefits-tables.pdf) – Compare what other HR professionals are reporting in this up to date
report.

About

Manager, Benefits Advisors

Category: Answers


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