Giving back to employers
COVID-19 is impacting everyone’s lives – including trips to the dentist. Most dental offices have been temporarily closed for non-emergency services. And Principal® understands employers and their employees have had limited use of their dental benefits.
Help for employers: 10% dental premium credit1
We’re giving a premium credit of 10% for the months of June-October 2020 to employers, based on the prior month's billed premium, who have a fully insured dental policy with us.2 These employers will be notified by email on May 7 and will see the credit on their group dental coverage bills.
We're working to make this compensation neutral. More information to come.
Help for providers, too: $7 payment for PPE1
When employers and their employees go to any in-network dental provider from June-December 2020, we’ll automatically pay the provider $7 per member for in-office visits for personal protective equipment (PPE).3
This is an unprecedented time for all of us. Let me know if you have any questions or visit our COVID-19 advisor website for the latest information and resources.
Earle King | Director of Sales
Principal | Group Benefits
o: 610.225.0145 x3210 | m: 610.331.6433
1 Excludes self-funded coverage.
2 Self-accounting customers can calculate a 10% reduction in premium for their June-October 2020 billing.
3 PPE payment does not count toward the member calendar year maximum. Eligible visits are based on date of service from June 1- December 31, 2020.
Dental insurance from Principal® is issued by Principal Life Insurance Company, 711 High Street, Des Moines, Iowa 50392, www.principal.com.
For financial professional information only. Not for use with consumers or the public.
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EC5021 | 05/2020