A large insurer is getting ready to cover the aging teeth of the baby boomers.
A unit of MetLife Inc., New York, has introduced a full-service insured dental plan for retirees.
Retirees pay 100% of the premium, but MetLife will handle participant marketing, enrollment, customer service, record-keeping and billing, the company says.
The program comes with a choice of 2 plan designs, and participants can choose between using out-of-network benefits at any dentist or using a dentist in MetLife’s own preferred provider network.
The dentists in the MetLife network have agreed to charge discounted network prices for services not covered by the plan as well as for covered services, MetLife says.
Retirees can use the plan to sign up for coverage for spouses, domestic partners and dependent children as well as for themselves.
MetLife is starting by offering the program to employers with retirees living in the United States, Puerto Rico and the U.S. Virgin Islands.