The portion of health plans offering adult dental benefits has more than doubled since 2018.
Dental insurers are acknowledging and preparing for the coming change. Many more see convergence as an opportunity to partner with new entrants, “embedding” their benefits in health plans. In two short years, even the business model for convergence has shifted to one that is more viable in the near term.
But even for dental insurers taking the change seriously, require a call to action. Those that seize the moment will prosper, while the rest will be left to fight for eroding market share as new competition moves in and more business goes out to bid.
In this research report, we’ll discuss:
The shift in the composition of benefits offered by health payers
How dental plans can prepare for convergence
The impact of COVID-19 on the rate of convergence and what to expect for the future
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