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Dental Insurance - Industry Market Research Report

  • October 2016
  • -
  • Ibisworld
  • -
  • 33 pages

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Doctor's orders: As more people gain employment and insurance, demand will rise



Abstract

Dental Insurance

Over the past five years, the Dental Insurance industry has been strained by rising healthcare expenditures, economic distress and weakening employer commitment to providing coverage. During the period, a consistent increase in healthcare expenditure (i.e. medical-cost inflation) has driven revenue growth despite fewer policy enrollments. Still, these cost increases and a poor economic climate put pressure on operators' profit margins. Industry revenue growth is expected to accelerate over the coming years due in part to increasing US employment, slow growth in dental-care costs and plan premiums and rising per capita disposable income.

This industry underwrites dental insurance policies. Dental insurance helps cover the costs of dental care, ranging from basic preventative coverage to major dental work, depending on the type and scope of the insurance plan. Reinsurance of dental policies is not included in this industry; however, revenue from all dental insurance providers including private health insurance, Medicare and Medicaid is included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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