What is self-insurance?
Bento enables employers of any size and any budget to self-insure their group dental benefit with ease.
Your benefit, your money
Compared to monthly premiums charged by traditional insurance companies on a fully-insured plan with Bento, you only pay-as-your-employees-go. When you self-insure/self-fund your dental benefits you only pay for what’s actually used.
What about the risk? Dental benefits are typically capped with an annual max per person. Your plan limits the risk to a fixed dollar amount. It’s time to do the math, dental insurance has been a scam for decades.
In a 2020 internal study, Bento found that only 9% of American’s use their entire annual maximum. This is allowing traditional insurance companies to profit from your unused benefit dollars. By self-insuring your dental benefit you could be keeping this excess and saving on State/ACA Taxes, claims processing fees and insurance capital reserves.
Bento charges a small administration fee and provides you with all of the administrative tools and large network so you can successfully self-fund your dental benefit. From real-time utilization reports to claims processing and a pre-negotiated rates in a nationwide network Bento can start saving you 20% – 40% on the cost of your group dental benefit.
Companies of every size are saving BIG
$262,000 in Savings
$1,308,000 v. $1,046,000
MetLife compared to Bento
Actual savings of 25% based on a 2000 person company
$6,000 in Savings
$16,200 v. $10,200
Delta Dental compared to Bento
Actual savings of 59% based on a 25 person company
$40,600 in Savings
$177,200 v. $136,600
United Health compared to Bento
Actual savings of 30% based on a 300 person company
$59,500 in Savings
$184,000 v. $124,500
Beam Dental compared to Bento
Actual savings of 48% based on a 200 person company