Each year, every person’s insurance company gives him or her a limited amount of funds to use at their regular visits to the dental office. If you do not use these benefits and funds every year, the funds are forfeited. So it is important to use these funds given to you from the beginning of the year so that they do not go to waste by the end of the year.
According to statistical studies, about 3-4% of the people who hold a PPO dental plan fully utilize their dental benefits in the whole year which means that hundreds to thousands of people waste the dental benefits given to them.
How do insurance benefits work?
For most insurance-providing companies, a certain amount of funds are given out to their customers every year. As the year ends the funds that are not used do not go into the bank account of the said person but instead go back into the accounts of the respective insurance companies.
The money allocated every year is sole to be used to get any work done in that year. That is why it is important to finish any treatment or procedure that you started by the end of the year.
Dental benefits cover a certain amount of dental issues that are related to your teeth and gums, which includes services like, diagnostics, preventive treatments, restorative procedures, oral surgeries, and many more. Not all treatments and procedures are covered by benefits though, which is why it is important to contact your insurance and find out everything that is included in your plan and what percentage is covered.
Getting the most out of the insurance benefits
1. Maximizing Too Late
There are many dental health issues that if not treated could get worse over time. A person should know what his or her dental benefits are and should use them to the fullest. Since most of the companies start anew from the next year, you could lose a lot of money that you have been investing in the treatments. This is why you must ensure that you are not wasting your money or entering the new year with your incomplete treatments.
If you go into the new year and have dental problems, you are going to maximize the money you have left in the first few months of that year. This could prevent you from getting any new procedures done.
2. Paying Your Premium
If you closely observe your paycheck, you will see that a certain amount is being taken off to go towards your dental benefits. An average couple will spend over $1000 in premiums a year, which is a lot of money considering all the other expenses as well. That is why it is recommended to get your teeth cleaned, x-rays done, and a dental check-up regularly. You are investing in your oral health all year long, so you should show up for dental visits so that you get your money’s worth.
3. Overall Health Matters
There have been researches done that have proved how poor oral hygiene can lead to dental cavities and gum disease, which are connected to overall health, which when compromised leads to heart diseases, oral cancer, and diabetes.
Not only that, but a bright smile is one of the leading insecurities among young individuals, which could result in mental health problems. That is why it is crucial to understand that taking care of your oral health is an investment in your overall health.
4. Benefits of overlapping
Certain dental procedures could easily exceed your yearly maximum amount resulting in a higher out-of-pocket expense. To avoid this, you can speak to the team at Honest Teeth and plan your treatment in such a way that your expenses are split between this year and the next year, allowing you to get maximum dental insurance coverage.
To summarize:
Everyone must use the insurance benefits provided to them by the end of the year to make ensure they do not go to waste. It is your money that is why we have to make sure we are using them to the fullest.
Do not let your money go to waste, schedule your next dental appointment with Honest Teeth or give us a a call at 262-784-7770 so we can ensure you end your year with a healthy and sparkling smile. You will feel much better knowing that your teeth are healthy and that you have nothing to worry about in the new year.