Introduction to CAREINGTON Extended Dental PPO Plan. Conference Information Phone number: (641) Access code:

Transcription

1 Introduction to CAREINGTON Extended Dental PPO Plan Conference Information Phone number: (641) Access code:

2 Clyde Ponder Director of Sales CAREINGTON

3 Agenda - About the plan - Group & individual plans - Pricing - Benefits - How to sell - Special Agent Offer Resources available at

4 About the Plan - Combines insurance with discount dental services - Competitive pricing available at half the cost of traditional indemnity plans - Underwritten by Standard Life and Accident Insurance Company A (Excellent) by A.M. Best - Administered through Morgan-White Administrators, Inc. - Licensed TPA in all 50 states Resources available at

5 About the Plan - Three plan options for groups and two plan options for individuals available in 38 states and currently expanding to all 50 in Any of the following services can be included under the insurance portion: - Diagnostic and preventative ti services (cleanings, check-ups, x-rays, etc.) - Basic services (fillings, simple extractions, ti etc.) - Major services (root canals, gum disease, oral surgery, crowns, bridges, dentures, etc.)

6 David White Chief Executive Officer MorganWhiteGroup

7 Employer Group Plan Options - Three plans voluntary or employer paid - No waiting periods for new business or takeover groups - Plans X1 and X2, no annual maximums - Plan X3, no annual Plan maximum, $2000 insured annual maximum Resources available at

8 Employer Group Plan Options - After insurance benefit is exhausted, the plan continues to provide discount services with no plan maximum. - Discounts of 20% to 50% are available. There are no waiting periods. Plan includes cosmetic and specialty treatments such as: - Adult and child ortho, cosmetic treatments, bonding and veneers Resources available at

9 Employer Group Plans Plan Designs X1 X2 X3 Benefits PPO/PPO PPO/PPO PPO/PPO Diagnostic and 100% 100% 100% Preventative Basic (fillings and PPO discount 80/20 80/20 simple extractions) Endodontics PPO discount PPO discount 50/50 Periodontics PPO discount PPO discount 50/50 Oral Surgery PPO discount PPO discount 50/50 Major PPO discount PPO discount 50/50 Orthodontia PPO discount PPO discount PPO discount Deductible* None $50/$150 $50/$150 Insured Annual Maximum No Max No Max $2,000 * Plans X1, X2 and X3 deductible waived on diagnostic and preventative.

10 Sample Group Rates Location X1 (Group) X2 (Group) Abilene, TX (Area 3) Employee: $11.51 Family: $30.61 Employee: $15.20 Family: $40.44 Philadelphia, PA (Area 6) Employee: $13.85 Family: $36.85 Employee: $18.31 Family: $48.68 Los Angeles, CA (Area 9) Employee: $16.67 Family: $44.37 Employee: $22.03 Family: $58.62

11 Individual Plan Options - Two plans - No age limit - No waiting periods - No plan maximum - Deductible waived on diagnostic and preventative for annual pay Resources available at

12 Individual Plan Options - Discounts are available for services not covered by other insurance dental plans with no waiting period - Adult or child ortho, cosmetic treatments, bonding and veneers Resources available at

13 Individual Plans Plan Designs X4 X5 Benefits PPO/PPO PPO/PPO Diagnostic and Preventative 100% 100% Basic (fillings and simple extractions) ti PPO discount 50/50 Endodontics PPO discount PPO discount Periodontics PPO discount PPO discount Oral Surgery PPO discount PPO discount Major PPO discount PPO discount Orthodontia PPO discount PPO discount Deductible $50/$150 $50/$150 Insured Annual Maximum No Max No Max

14 Sample Individual Rates Location X4 (Individual) X5 (Individual) Abilene, TX (Area 3) Employee: $14.51 Family: $33.61 Employee: $18.20 Family: $43.44 Philadelphia, PA (Area 6) Employee: $16.85 Family: $39.85 Employee: $21.31 Family: $51.68 Los Angeles, CA Employee: $19.67 Employee: $25.03 (Area 9) Family: $47.37 Family: $

15 Comparison of PPO versus UCR Example (Texas) Procedure UCR 50% of UCR PPO root canal therapy molar (excluding final restoration) Discount molar (excluding final $1, $590 $558 crown full cast high $1,026 $513 $577 noble metal removal of impacted tooth completely bony $453 $227 $230

16 Greg Rudisill Vice President Strategic Partnerships CAREINGTON

17 Benefits - Unlimited orthodontia discounts for adults & children - Discounts of 20% for the duration of the orthodontia treatmentt t - When you apply this discount to the standard treatment cost ($5000), the savings equal the lifetime benefit of most other insurance policies - If orthodontia treatments exceed $5000, then the discounts still apply, providing even more savings Resources available at

18 Benefits - Negotiated fees guaranteed - Discount rates still apply after insurance benefit has been exhausted - Same network for all services - Same dental network used for insurance and discount portions of the plan - Can continue to see same dentist after insurance benefit has been exhausted Resources available at

19 Benefits - Cosmetic services included - Discount rates apply to traditionally non-covered cosmetic dental treatments such as bonding, veneers, resin fillings and implants Resources available at

20 How to Sell - Contact your CAREINGTON sales representative and request an application - Send the completed application to our office - Include copies of your state license(s) for the state(s) in which you plan to sell this product - Commissions Broker resources available at Broker resources available at

21 We re here to help Clyde Ponder Director of Sales (800) ext Mark Roberts Senior Sales Representative (800) ext Ryan Reist National Sales Representative (800) ext David Ridley National Sales Representative (800) ext Drew Schenck Greg Rudisill National Sales Representative VP of Strategic Partnerships (800) ext (800) ext

22 Special Offer Careington Web Site for $250 - Include your corporate branding - Select up to 4 Careington products to sell - Contact your CAREINGTON sales representative for more information

23 COMING SOON! AIG Li it d M di l W b S i AIG Limited Medical Web Seminar in March Date TBD

24 Q&A