We're excited to announce new tools such as reduced rates and agent training outlining the benefits of Extended Annual Maximum, how to spreadsheet it, and how to strategically target and position the benefit. A new employer marketing piece has been developed to assist you in understanding the advantage this product has over competitive rollover plans.
Extended Annual Maximum, available on PPO and Traditional Preferred plans, gives employers an attractive and unique option to offer employees extended dental coverage.
It is different than traditional rollover options in that it is available immediately after a plan's annual maximum is reached and has no cap on dollars paid in a year.
It offers employees 30 percent coinsurance on preventive, basic and major services, and it makes those unexpected dental procedures – such as root canals and crowns – easier to afford.
It removes employees' worry about prioritizing care. When care is needed, they'll receive it. That immediate attention to dental care may benefit the employer in the future by lessening claim costs from recurring or worsening oral issues.
In addition:
- All employees' dependents have the same benefits
- The plan's simple to use – there is no need to track annual maximum usage like rollover plans
- The plan is easy to describe and administer
- The option is available for immediate use – unlike rollover plans, members can use the benefit beginning Day 1
- Extended Annual Maximum ensures employees get the most of their benefits at a price that's reasonable
- It's available for groups of 2+
- The plan circumvents 'non-covered' services legislation
In addition, Extended Annual Maximum has:
- No paid claims thresholds
- No dual-choice limitations
- No provider restrictions
- No accumulation restrictions
It is available to sell to both large and small group specialty and medical clients.
- Broker Training Presentation
- (1.75 MB) Download Presentation
- English
- Additional Reference Flyer
- (455 KB) Download PDF
- English
- Employer Flyer
- (271 KB) Download PDF
- English
For additional training and positioning assistance please contact your Humana sales executive.
