AMSTERDAM, and
BOSTON, Aug. 31, 2021 /PRNewswire/ -- Royal Philips (NYSE: PHG, AEX: PHIA), a
global leader in health technology, and Bento, technology platform
and modern alternative to dental insurance, today announced a
partnership that enables dental practices, employers, and groups to
seamlessly bundle Philips oral care products into their dental
benefit plans.
"The opportunity to package our products directly with dental
membership plans offered by dentists and benefit plans provided by
employers will make overall oral health care more accessible for
everyone," said Michael-John Kuehne,
SVP Global Leader Philips Oral Healthcare.
Complete oral health options for un-insured
individuals
Dentists can now include Philips products such
as, Sonicare power toothbrushes and Zoom! Teeth Whitening, when
creating in-office membership plans powered by Bento. These
membership plans are an alternative to traditional dental insurance
where patients purchase plans directly from the dentist, allowing
for direct savings and customized experiences. Membership plans
provide options for un-insured individuals, seniors, and low-income
families to access affordable oral care while providing steady
recurring revenue for dentists.
Bento's Platform empowers dentists to create dental membership
plans customized to their patient base. Plans can include any
procedure from basic oral care to cosmetic procedures typically not
covered by insurance plans. Through the partnership dentists can
now bundle Philips products directly into their plans offering
patients a complete oral health package.
Better benefits for better oral health
Today, offering
competitive benefit programs is almost as important as salary.
Bento's platform allows groups of any size to provide their
employees or members a quality dental benefit without the need for
an insurance company. Bento's customizable group plans range from
traditional insurance style plans to dental HRA style plans called
Simple Plans.
Philips and Bento are exploring future opportunities for groups
using Bento to administer their dental benefit to include Philips
products as part of their plan. This may include companies offering
benefits not typically covered by insurance such as Zoom!
Whitening.
Through the alliance, both companies look to make receiving
quality oral care and wellness affordable and attainable for
all. "We are proud to include the best oral care products from
Philips in the Bento Platform," said Ram Sudireddy, Founder and CEO
of Bento.
About Royal
Philips
Royal Philips
(NYSE: PHG, AEX: PHIA) is a leading health technology company
focused on improving people's health and well-being, and enabling
better outcomes across the health continuum – from healthy living
and prevention, to diagnosis, treatment and home care. Philips
leverages advanced technology and deep clinical and consumer
insights to deliver integrated solutions. Headquartered in
the Netherlands, the company is a
leader in diagnostic imaging, image-guided therapy, patient
monitoring and health informatics, as well as in consumer health
and home care. Philips generated 2020 sales of EUR 17.3 billion and employs approximately 77,000
employees with sales and services in more than 100 countries. News
about Philips can be found at www.philips.com/newscenter.
About Bento:
Bento, a modern alternative to
traditional dental insurance, is on a mission to provide access to
affordable oral care for all. A cloud-based, end-to-end modern
platform for dental benefit administration, Bento, replaces the
need for traditional dental insurance. Bento is proudly endorsed by
the American Dental Association and multiple state dental
associations across the US. Employers, groups, associations, dental
practices, and individuals can provide and receive access to
affordable oral care with a national network when using Bento.
Learn more at bento.net.
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SOURCE Philips Oral Healthcare