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Vision and Dental Add Value for Employees

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How Can Vision and Dental Add Value for Your Employees?

Voluntary benefit plans are an important part of employee insurance opportunities. Among these voluntary benefits, vision and dental insurance are an important part of employees voluntary benefit plans. How can vision and dental plans add value to your employees’ wellbeing? Here are a few ways:

Vision:

  • Vision exams identify future problems: They can detect things like eyestrain, diabetes, and even high blood pressure. They can also identify common eye issues and diseases.
  • Cost savings: According to the National Alliance for Eye and Vision Research eye disease, vision loss, and eye disorders cost the U.S Economy $68 billion per year.
  • Increase productivity: The vision council reported that eye care delivers $7,800 in more productivity per employee.

Dental:

  • Dentists can identify disease: Dentists have the ability to identify over 120 diseases. This can help your employee long-term health with potential early detection
  • Young employees likely don’t have dental coverage: The American Dental Association states that millennials have untreated tooth decay. The main reasons for this issue are cost convenience and confusion surrounding dental care.
  • Those with dental coverage are more likely to use it: As more people offer dental insurance the number of adults who miss work for oral health-related issues dropped 7%.

At SBMA, we provide voluntary benefits that employees love. To learn more about our voluntary benefit programs, contact us today!

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Voluntary Benefits and Your Employees

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How Can Voluntary Benefits Help You Attract and Retain Employees?

Benefit programs are essential to keeping your employees engaged and happy at work— but not just standard benefit programs. You also need to be providing voluntary benefits. Voluntary benefits allow employees to feel cared for and important in your organization. Here are a few ways voluntary benefits might benefit your business:

  • They enhance your existing benefits: Offering voluntary benefits help your employee protect what matters to them the most. For example, cancer insurance, critical illness insurance, and life insurance all contribute to employees feeling safe and secure in their health.
  • Support your employee’s financial well-being: Voluntary benefits are paid directly to employees. Your employees can use cash benefits for any reason, like deductibles, coinsurance, and non-covered treatments.
  • It helps attract and retain employees: The best talent looks for organizations that offer great employee benefits. Not only do benefits attract talent, they help retain it, which helps avoid onboarding costs, reduces training costs, and gain a more skilled workforce.
  • Appealing to multiple generations: Offering voluntary benefits allow you to tailor your benefits programs to fit the needs of your specific workforce.
  • Reduces both 401(k) and 403(b) loans and withdrawals: Because voluntary benefits are paid directly to employees, your employees can use this cash for unexpected medical bills that might result in withdrawals otherwise.
  • Engage, motivate, and encourage productivity within your workforce: When employees feel satisfied with their benefits, they are more likely to bring enthusiasm to their work.
  • The company receives cost-savings benefits: Employers can choose to pay all, none, or some of the premiums. Voluntary benefits are typically affordable for both the employee and the employers.

At SBMA, we understand how important your employees are to your company. Contact us to learn more about how voluntary benefits can help your business.

Voluntary benefits