Insurance costs for small businesses can sometimes take a big chunk out of the bottom line. But it’s essential to grow your company. What’s the best way to do that? Attract great employees and retain existing ones.

Behind medical insurance, dental benefits are many employees’ top priority. So while generous PTO and pet-friendly offices are trending in today’s company culture, get back to basics with better coverage.

Get the right dental plan for your small business. Here’s what to consider:

Group Size: The number of people you insure can affect how you buy.

Self-Employed
If you are a freelancer or entrepreneur, an individual or family plan is likely the best choice. Research plan options on our site, Your Health Idaho, or another carrier’s website.

2-99 Employees
Thanks to the ACA’s Small Business Health Options Program (SHOP) for businesses between 2 and 50 employees, you can search through, learn about, and select the best healthcare options for your small business. We also recommend you work with an insurance agent to determine the type of dental plan that is right for your business. Additionally, we offer various voluntary plan options that can be partially or fully employee-paid for groups of all sizes.

Private Exchanges
Private health exchanges are often run by insurance brokerages, which means buyers and sellers work together to create efficiency. This can work to your small business’ advantage. Check with your insurance broker for options.

Premiums vs. Deductibles
A dental premium is an amount you pay to keep the policy active. The deductible is the amount you pay on any given claim. The lower the deductible, the higher your premium, generally. Employees can assess their dental health using this free dental score estimator. With a healthier staff, you can decrease the premium by offering a plan with a higher deductible.

No matter which route you choose, encourage your team to use their benefits. It will improve their health and your bottom line.