Dental Insurance in the US Industry Market Research Report Now Available from IBISWorld
Over the past five years, the US 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 an increase in existing policy cancellations. Still, these cost increases and rotten 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. For these reasons, industry research firm IBISWorld has added a report on the Dental Insurance industry to its growing industry report collection.
