Cancer vs. dental: Why we need to switch how they're insured

In the current benefits world, Dental insurance is largely an employer-paid product, while cancer insurance is a voluntary product. My question is…Why? Perhaps, the reason is the lack of a thorough thinking and evaluation process. If you look at it with an open mind, cancer insurance should be an employer-paid product exactly as Dental insurance is. Allow me to explain why.

When evaluating the risks to your business or client of an employee, contracting cancer versus needing a dental procedure, which one has the greater business disruption risk, HR risk, financial risk, health risk and psychological risk? Let’s evaluate each one of these.

First, what sets cancer apart is the combination of frequency and costs associated with the disease. Consider the following.