In an effort to grow its dental business, the life insurer
Sun Life Financial Inc.
) has announced it will provide its customer facility on the
United Concordia Alliance network. The network has replaced the
Advantage Plus Network. The service will be provided by Employee
Benefits Group unit of Sun Life Financial.
The United Concordia Alliance network will thereby provide its
customers with 27% more dental provider access points than the
Sun Life already has an active presence in the dental
insurance markets. It sells dental preferred provider
organization (PPO) plans in all states in the U.S., with coverage
for employees and dependents.
The plan is packaged in such a way that customers can tailor
make it according to their requirements regarding deductibles,
benefit waiting periods, coinsurance levels, and plan maximums.
Extra benefits offered by the plan are built-in routine care,
orthodontia for children and adults, and an annual maximum
The company will have a braod penetration in the dental
insurance markets, given that United Concordia network has 96,000
providers at more than 246,000 access points throughout the
Other players in the same industry providing dental plans are
During the recently reported fourth quarter earnings the
company witnessed a strong growth in its Employee Benefits Group
business, on the back of increased sales.
Sun Life is a leading Canadian life insurance company, with an
active presence in the U.S. Over the long term we believe the
company will be able to generate superior returns for its
investors given a proactive approach to managing and mitigating
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