Recession trends force many to pay for their own health and dental bills
Updated: 4/14/2009 5:00:10 PM
Tightened budgets in offices throughout the U.S., have caused green to turn to red when it comes to employer-paid health and dental benefits.
Whether through layoffs or company benefit reductions, many Americans are reaching into their own pockets to realize the true cost of health and dental benefits.
The decision to reduce or drop these benefits may help companies save on their bottom line, but employees are left to fend for themselves.
This trend has led many in the workforce to look for alternative savings plans to lessen their overall health and dental bills. For those who have seen their dental benefits in particular slim or drop altogether, a discount dental plan is an affordable alternative to dental insurance.
DentalPlans.com is the leading online marketer of discount dental plans. With more than 30 plans to choose from and plans starting at just $79.95 per year, these plans are a cost-effective alternative to dental insurance.
In today’s troubled economy, recent research from the Employee Benefit Research Institute regarding the cost of employee benefits is especially relevant. The research showed that in 2007, employers spent nearly $8 trillion on worker compensation. Of this sum, 18.6% went toward employee benefits such as retirement funding and health insurance.
Research from Fidelity Investments’ Consulting Services showed that employers typically spend between $5,000 to $15,000 per worker annually to provide healthcare coverage.
Recent recession trends have left many Americans planning for an overall shift in healthcare responsibility in future years. Fidelity found in a survey that half of U.S. employees surveyed expect benefits such as health insurance and retirement fund to be dropped by employers by 2019. The majority of those polled expect these costs to come out of their own pockets in the future.
Regardless of how long these trends stick around, the reality is that many Americans are now looking for an easy and affordable way to save on health care, whether it be on overall health issues or on specialty care such as dental work.
Due to these trends, discount programs such as those offered by DentalPlans.com are quickly rising in popularity. These programs are easy to join and members don’t have to worry about health restrictions, annual limits or paperwork hassles.
Unlike most dental insurance plans, discount dental plans can be purchased on an individual basis – giving individuals, families and groups alike access to dental care savings.
If you’re one of the many people looking to save on dental care, click here to search for a discount dental plan in your area. With more than 30 plans to choose from and with annual membership fees starting at just $79.95, you’re sure to find a plan that accommodates your dental care and budget needs.
© 2009 DentalPlans.com
The materials and articles published on DentalPlans.com are for informational purposes only. Although DentalPlans.com strives to be accurate and complete, the information is provided without liability for errors. DentalPlans.com does not warrant the accuracy or completeness of the information, text graphics, links, or other items contained on DentalPlans.com.
DentalPlans.com expressly disclaims liability for errors or omissions in these materials and DentalPlans.com makes no commitment to update the information on DentalPlans.com.
DentalPlans.com expressly disclaims all liability for the use or interpretation by others of information on DentalPlans.com. Decisions based on information contained on DentalPlans.com are the sole responsibility of the visitors, and visitors agree to hold DentalPlans.com and its Affiliates harmless against any claims for damages arising from decisions visitors make on such information.
Nothing on DentalPlans.com constitutes medical advice or other forms of advice. DentalPlans.com assumes no responsibility for material created or published by third parties linked to DentalPlans.com with or without DentalPlans.com’s knowledge.