Good oral hygiene has been shown to have a positive impact on overall health. Healthy teeth and gums indicate that all is well elsewhere. It seems logical that health insurance would then cover dental procedures such as exams, cleanings, and other work.
Unfortunately, things do not always work the way we assume or hope. There are limited times when medical plans cover dental procedures.
Finding out that Medicaid may cover specific dental procedures is like winning the lottery! There are a few winners, with many walking away empty-handed. It takes detective work to figure out which group describes you.
Every state issues different rules. Certain principles apply across the country. Pregnant women, disabled adults, and low-income seniors enjoy expanded access.
Flexible spending accounts are horribly underutilized. Millions of families leave hundreds of dollars of tax savings on the table every year. Part of the reason is they do not see big enough savings to bother with the complexity.
You may realize much higher tax savings amounts by examining all the eligible expenses – including what you expect to spend out-of-pocket at your dentist and orthodontist.
Cosmetic dental procedures are rarely urgent. You may want to improve your smile and confidence immediately, but you do not have an emergency.
If you do not mind waiting before you begin, supplemental dental insurance with a cosmetic rider is the perfect way to make your treatments much more affordable.
Patients can utilize supplemental dental insurance as a hidden form of financial assistance to help cover treatment expenses. The programs work well for those able to wait.
Tap into government grants that hide themselves in the form of tax-deductible expenses. Sometimes creativity counts.
Supplemental dental insurance helps families who need plenty of work done on their teeth the most. Traditional plans often come with annual maximums, which limit the amount the plan pays in any given calendar year.
An extra policy can increase the amount of benefits paid every calendar year, and make those treatments more affordable.
Supplemental dental insurance when combined with flexible spending accounts does something magical. Patients with bad credit can finance their treatments without a need to pull their consumer report.
In addition, the two programs dramatically reduce the after tax cost of the work. It is like getting a below zero interest rate loan.
In a utopian society, people could buy dental insurance with no waiting period for major work. They buy the coverage on the way to the dentist, have the work done, and drop the policy right after the claim was paid.
Would you take that deal if you were the insurance company? We do not live in a utopian society. Supplemental dental insurance comes with waiting periods, and works for those who plan.
We all may be familiar with how traditional dental insurance plans work. You visit the dentist, had your dental card to the billing manage, the office submits the claim, the insurance company pays the office, and then you receive a bill for the uncovered balance.
Sometimes those uncovered amounts are quite large, which is why you might need a supplemental policy.