getting started with dental and vision
Aflac Dental and Vision Training Series Overview
- Presenter Information
- Name: Jeremy Erb
- Purpose: To educate on Aflac dental and vision products, processes, and sales strategies.
- Key Leaders: Pete Stamm, Dave Nagel, Anthony Globb
- Aim: To offer product education and support to agents.
Introduction to Aflac Dental and Vision Products
- Importance of understanding how Aflac differs from other dental and vision insurance providers.
- Goal: Set Aflac apart in the market.
Key Differentiators of Aflac Dental and Vision Plans
Reducing Deductible
- Definition: A benefit that progressively reduces the deductible paid by the client.
- Structure:
- Year 1: $50 deductible per covered person
- Year 2: Reduces to $25
- Year 3: $0 copay
- Condition: Continuous enrollment by the original covered individual required.
- Benefit: Clients save money annually on their plans.
Maximum Carryover Benefit
- Definition: A beneficial feature that rewards members based on their claims.
- Eligibility: Claims do not exceed $500 for the calendar year and submission of at least one qualifying claim is required.
- Benefit Structure:
- Qualifying members receive an additional $250 added to the next year's annual maximum.
- Cap: Benefit limits at $1,000.
- Example:
- Fred enrolls and receives an additional $250 due to keeping his claims under $500.
- Year 1 Max: $1,000; Year 2 Max: $1,250 without an increase in premium.
Out of Network (UCR) Benefits
- Policy: Members are not restricted to in-network dentists.
- Benefit Reimbursement:
- Reimbursed at the 90th percentile of usual and customary charges (UCR) in a location.
- Further enhanced with state brochure plans to the 95th UCR.
Dental Accidental Injury Benefit
- Definition: Coverage for treatment resulting from an accident or injury to natural teeth.
- Key Features:
- No coinsurance, no deductible, no waiting period, no pre-authorization required.
- Coverage: 100% coverage to the plan's annual maximum.
Sales Strategy Recommendations
- Application of Benefits Knowledge: Utilize knowledge of differentiators in sales pitches, as many employers are unaware of these benefits.
- Marketing Strategies: Share these benefits with existing clients and leverage for new sales opportunities.
- Billing Practices:
- Understanding that group dental and vision products are billed upfront rather than after deductions to minimize financial risk.
- Upfront billing ensures active coverage regardless of employment changes.
Invoicing and Enrollment Details
- Invoice Process:
- Group products are billed upfront.
- One invoice for voluntary employee-owned products and another for group-sponsored products.
- Enrollment Process Reminders:
- New invoices are posted on the employer portal with instructions for electronic payments and checking invoice status.
Prospecting and Selling Tips
- Importance of Dental and Vision Insurance: Dental ranks high among requested benefits, just behind medical insurance.
- Focus on Smaller Groups: New agents should target smaller groups that may not currently have coverage for building confidence.
- Vision Insurance Insight: Vision insurance is proposed as a low-cost, high-value benefit that can be offered without hardship.
Provider Network Education
- Challenges with Network Changes: Educating clients on the flexibility of PPO plans vs. standard network limitations.
- Competitive Provider Network Info: Stress growth and competitive aspects of the network and recruitment strategies.
Conversation Starters for Brokers
- Engagement: Begin by asking about current dental and vision carriers for insights.
- Qualifying Questions: Discuss the size of groups brokers typically quote and the most valued qualities of a dental/vision carrier.
- Closing Strategy: Always ask for business and referrals after successful engagements.
MAC vs. PPO Plans
- Definition and Comparison:
- Both offer identical benefits at in-network dentists.
- MAC involves lower reimbursement levels for out-of-network services, with a higher probability of out-of-pocket costs.
- PPO reimburses based on a wider benchmarking (90th percentile).
- Cost Considerations: Emphasize potential savings with MAC plans while detailing associated risks of higher costs with out-of-network dentists.
Product Offerings
- Everwell Plans: Available for groups with 3-99 eligible employees (3 dental and 3 vision plans).
- Brochure Plans: For groups with 25-250 employees; includes 4 dental and 2 vision plans without industry restrictions.
- Custom Quotes: For groups with over 100 employees, requires specific documentation and underwriting considerations.
Enrollment Best Practices
- Planning: Importance of preparation and education in ensuring successful enrollments.
- Participation Requirements: Explanation of minimum enrollments required for plans based on group size.
- Objections Handling: Addressing barriers such as existing coverage or cost concerns during enrollments.
Underwriting and RFP Process
- Submission Requirements: Importance of complete and accurate RFP submissions including competitive intelligence.
- RFP Checklists: Utilize checklists to ensure proper completion and reduce turnaround time.
- Proposal Follow-ups: Importance of prompt follow-ups to leverage proposal advantages.
Post Enrollment Processes
- Welcome Packets: Overview of welcome materials for clients post-enrollment, including ID cards and coverage summaries.
- Member Changes: Processing member life events and terminations efficiently through Everwell.
Conclusion and Future Steps
- Continuous Education: Encouragement to remain engaged with further training and updates regarding Aflac Dental and Vision products.
- Support Resources: Reminder to utilize available resources on the One Aflac site for ongoing assistance.