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Using Your Insurance Payouts – Use it or Lost it!

dental insurance

Believe it or not, you could be losing hundreds of dollars this year. The reason is simple: each year your dental benefits do not roll over. Although the amount of money your insurance plan offers depends on the company, all companies do not honor unused benefits. Our advice? Use them while you still can.

Here are the key insurance related factors:

1. Deductibles

A deductible is the amount of money you must pay your dentist out pocket before your insurance company will pay for any services. No matter how much this number is – the average is $50 a year – your deductible starts again when your plan rolls over on January 1st. To avoid paying out your deductible right away, make your appointment before the New Year.

2. Premiums

Using your benefits is even more financially effective if you are paying premiums. Even if you’re not ready for a major dental procedure, you can still utilize your insurance for an exam or one of our periodontal maintenance cleanings or other periodontal services.

3. Worsening Dental Conditions

Since serious dental conditions can worsen over time, avoiding treatment puts you at risk for more extensive and expensive treatment in the future.

The Bottom Line

Whether you have insurance benefits remaining or if you have funds set aside in a flexible spending account or healthcare saving account – now is the time to schedule treatment so your co-payment can be applied to this year’s deductions. Call us today or visit FarberCenter.com today to schedule your appointment!

insurance