Cost Savings

No Heavy Overhead

By offering a Pelican Dental Concepts plan as an employee benefit, employers determine plan design and costs to employees and eligible dependents. As a self-funded benefit, Pelican plans are covered under ERISA regulations. Plan management by a third party administrator is far less costly than utilizing an insurance company or managed care plan corporation whose retention rates cover not only costs but high profit margins. Also, any funds not used during the plan year remain with the employer and can be used to lower costs in the next plan year or be transferred to the group’s general operating budget or reserve fund.

Cost estimations are performed by licensed Third Party Administrators utilizing a computer software program developed by a national actuarial firm that specializes in Direct Assignment/Direct Reimbursement plan design. Previous claims experience is very helpful in projecting future claims utilization.

To determine what a Pelican type plan may cost your group please complete and submit a Cost Estimate Form.