employee benefits business by revenues and will position it as a leader in providing government dental benefits, alongside another leading business at Sun Life U.S., its medical stop-loss business. Upon close, DentaQuest will more than double the size of Sun Life’s U.S. More importantly, it supports both our Purpose to help Clients achieve lifetime financial security and live healthier lives and our sustainability focus on improving health and wellness outcomes for all.” The addition of DentaQuest is consistent with our strategy to focus on health and group benefits in the U.S. “DentaQuest is a values-driven industry leader dedicated to improving oral health, with a focus on underserved populations and access to dental care. dental benefits space,” said Kevin Strain, President and CEO of Sun Life. “We're excited about the acquisition of DentaQuest and expanding our leadership into the U.S. The acquisition of DentaQuest aligns to Sun Life’s business strategy of being a leader in health and group benefits. currently offers dental benefits through employers for their employee benefits plans and has an extensive national commercial dental network. Upon close of the transaction, DentaQuest will become part of the Sun Life U.S.
Currently DentaQuest has more than 33 million members in 36 states and approximately 2,400 employees. Affordable Care Act (ACA) exchange businesses. with growing Medicare Advantage, commercial and U.S. Headquartered in Boston and founded in 2001, DentaQuest is the largest provider of Medicaid dental benefits in the U.S.
business, has entered into a definitive agreement to acquire DentaQuest, for US$2.475 billion ( approximately C$3.1 billion). Plus, you’ll get coverage for restorative dental care and orthodontics.Sun Life Financial Inc. An enhanced plan offers even more reimbursement for preventive dental care than the basic and standard plans. With the enhanced plan, you’ll have medical coverage and the option to add dental insurance to your plan. When you opt-in for dental insurance, you’ll get more of your preventive dental-care expenses reimbursed than the basic plan. With the standard plan, you’ll have medical coverage and the option to add dental insurance to your plan. What does preventive dental care mean? This includes: What does the basic plan offer?Ī basic plan comes with coverage for medical needs and preventive dental care. When you get a personal health insurance plan from Sun Life, you get to choose between three plans: Basic, Standard and Enhanced.
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