What is Dental Insurance Market Scope?
Dental insurance is a kind of insurance intended to pay a portion of the prices associated with dental care. There are many different kinds of individual, family, or group dental insurance plans classified into 3 primary categories such as Indemnity, preferred provider Network (PPO), and Dental Health Managed Organizations (DHMO). Typically dental offices have a fee schedule or a list of costs for the dental services or procedures they provide. Dental insurance firms have similar fee schedules that are usually based on Usual and Customary dental services, an average of fees in an area. The fee schedule is usually used because of the transactional instrument between the insurance company, dental office and/or dentist, and the consumer.
The Dental Insurance market study is being classified by Type (Class I (preventive care), Class II (basic procedures) and Class III (major procedures)) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Dental Insurance market throughout the predicted period.
CIGNA Dental (United States), AXA PPP healthcare Limited (United Kingdom), Aetna, Inc.(United States), Assurant (United States), CVS (United States), UnitedHealth Group Inc.(United States), MetLife Inc. (United States), Humana Dental Insurance (United States), Aflac Inc. (United States), Ameritas Group Inc. (United States) and United Concordia Dental Plans Inc.(United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Envivas (Germany), Delta Dental Insurance Company(United States), HDFC ERGO Health Insurance Ltd. (Apollo Munich), United HealthCare Services, Inc., The Guardian Life Insurance Company of America, Group Dental Service of Maryland, Inc. and Solutions Colonial Life & Accident Insurance Company,.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Dental Insurance market by Type, Application and Region.
On the basis of geography, the market of Dental Insurance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 31 May 2018, leading health and well-being company Humana Inc. has launched its Complete Dental plan, a comprehensive plan for individuals that offers broad preventive, basic and major services coverage. The comprehensive dental option is designed to provide immediate preventive care through cleanings and exams and, after standard wait periods, covers fillings and extractions as well as additional services such as crowns, root canals, and dentures.
Market Drivers
- Economic Development
- Advancements in Health Care
- Positive Demographic Patterns
- Changes and Activities by Governments
- Strategies Welcoming Foreign Investment
- A rise in Salary Levels
- Increase in Awareness Regarding Dental Care
Opportunities
- Emerging Demand from Developing Countries
Restraints
- Changing Economic Conditions
Challenges
- Extreme Competition And Really Tough Profit Margins
Key Target Audience
Dental Insurance Service Providers, Dental Care Hospitals/Clinics, Investors, Industry Associations and Regulatory & Government Bodies
Customization available in this Study:
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