If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Group Dental Insurance procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Group Dental Insurance, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Group Dental Insurance - Recent Price Trend

During the three years to 2018, the price of group dental insurance has increased at an estimated annualized rate of 2.2%, weakening buyer power.A rise in demand has had a significant impact on the pricing environment. External demand drivers have been increasing, signaling rising demand for group dental insurance. For example, total health expenditure has been expanding rapidly during this...


Group Dental Insurance - Total Cost of Ownership

The total cost of ownership for group dental insurance is considered low, amounting to less than 50.0% of the benchmark purchase price per year. Insurers assume the majority of the hidden costs associated with the service they provide, benefiting buyers. The primary service is to reimburse dental care providers for the cost of their services, which saves clients from having to assume those...


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About this Report

This report is intended to assist buyers of group dental insurance. Dental insurance involves the transfer of responsibility for dental care costs from an individual to their insurance company. By purchasing dental insurance, policyholders can reduce the amount they pay for dental procedures by 50.0% to 100% depending on the benefits they receive. Although dental insurance covers individual beneficiaries, group dental insurance policies allow buyers, such as employers or professional associations, to provide coverage for all of their participants. Buyers include a wide array of business and government agencies. Main suppliers are health insurance conglomerates. This report does not cover health insurance, discount dental plans or direct reimbursement dental plans.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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