Supplemental Dental Insurance Plans
Supplemental dental insurance plans can fill the gaps in many existing group dental plans and dental discount plans. Growing families with lots of children find these policies most useful - the wellness visits may make your policy self-funding.
Are you expecting left over dental bills? Will you be hitting your dental plan's annual benefit maximum? Does your managed care dental plan require you to switch from your favorite dentist? Do you have several children visiting the dentist on a regular basis? Would you like Uncle Sam to fund a portion of your cost using pre-tax deductions?
Supplemental Dental Insurance may be a fit for you if you answered yes to any of these questions.
- Cost/benefit certainty
- Permits you to use any dentist
- Self funding via wellness visits
Supplemental Dental Insurance: Cost Certainty
- Get your dentist to provide you a treatment plan listing the American Dental Association (ADA) billing codes for each procedure.
- Look up the benefit payments for each ADA billing code from a supplemental dental insurance plan. Supplemental dental insurance plans provide a listing of benefits by code.
- Compare your projected benefit payments for your procedures to the premium cost of your coverage.
- Subtract the tax savings you get on the premiums when you pay by payroll deduction.
Value of Pre Tax Insurance Deductions Supplemental dental insurance is most affordable when you pay the premiums using pre-tax payroll deductions. For families with many children the wellness benefits in combination with the tax savings makes a policy nearly self-funding. Pre taxing saves money in a variety of ways many people often over look.
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Supplemental Dental Plans: Use Any Dentist
Supplemental dental insurance provide one big advantage over more traditional plans.
Traditional dental plans limit the benefit dentists may receive. Dentists choose whether they want to cap fees in exchange for the patient flow a particular dental plan my provide. Virtually all managed care plans require you to use only dentists in their approved network.
Supplemental Dental Insurance give you total freedom to choose your own dentist without restrictions. The same benefit is paid directly to you no matter which dentist you choose to use.
Supplemental Dental Insurance: Self Funding
Supplemental dental insurance allows large families the opportunity to create a self funded plan: simply by visit the dentist twice a year for routine checkups!
If you have a large family that visits the dentist regularly for simple wellness visits, your supplemental dental insurance plan may be self funding. Here's how this might work:
* Wellness visits are covered benefits - The more people in your family seeing the dentist twice a year, the greater the wellness benefit payout.
* Premiums for families with children have fixed premium amounts - A family with one (1) child pays the same premium as a family with six (6) children.
* Families with many children get more back in benefit - Benefits for routine wellness checks can cover much of your premium.
Pay for your supplemental dental insurance using pre tax payroll deductions and get a huge discount from Uncle Sam.
