Top Reasons to Use Your Dental Insurance Benefits Before the End of the Year
Dental Insurance & Dental Coverage
Each year millions of people lose money when their dental insurance renews; most people don’t realize dental insurance is nothing like medical insurance. Here are a few reasons why you should make the most of your yearly benefits:
- Yearly Maximums - The yearly maximum is the amount the insurance company is willing to pay each year. It can vary from one company to another but is usually around $1,000. Many people do not realize that their dental benefits do not carry over to the following year, whatever benefit that is unused is lost. That is why it is important to keep up with regular dental cleanings and exams so any problems can be found before they become worse and more costly. A simple cavity that could be addressed and fixed quickly can turn into a root canal or even loss of the tooth due to breakage if left too long. In the long run you save so much money by staying on top of your hygiene visits.
- Deductibles - A Deductible is the amount of money you must pay out of pocket before your insurance will begin to pay for services each year. Almost all dental insurances have a yearly deductible that ranges typically between $25-$100.
- Premiums and fee increases - You pay for your coverage so you should use it! Each year costs can change without notice. When the new year starts your premiums may go up and it may not be worth it to pay for dental insurance any longer depending on the cost –benefit ratio. Also some dentists are forced to raise their fees for service at the beginning of the year due to increased cost of living, materials, and equipment. Fee increases would in turn make your co-payment higher as well. Therefor waiting until the new year isn’t always the best idea.
At All Dental we are happy to help with any insurance questions you might have.
We can also help you budget your insurance benefit in the most effective way to save you the most money while keeping you happy and healthy.
Call us today to set up an appointment.