End of Year Dental Benefits-Use It or Lose It

Your dental insurance may not cover every dental procedure you would like it to, but it is important for you to take full advantage of the procedures that are included in your package. You pay a premium for your dental benefits, so if you are wise, you will see to it every dollar you spend for coverage is used by the end of the year, otherwise you are wasting good money.

You May Be Losing Money

Are you one of the millions of people with a PPO dental plan who isn’t aware of the money you are losing at the end of each year? The National Association of Dental Plans estimates that only 2.8 % of those with PPO plans reach or exceed their annual limit. Money can also be lost with Flexible Spending Accounts. These accounts allow you to save money for medical and dental expenses with pre-tax dollars.

Take Advantage of Your Dental Benefits

Dental insurance is often one of the benefits of employment. You and/or your employer are paying premiums for this insurance. If you are not using your insurance to the max, you are leaving money on the table at the end of every year. The same applies to those who are getting individual plans through the Health Insurance Marketplace established through the Affordable Care Act.

Generally, the benefit deadline is December 31. In most instances, unused dental benefits do not rollover into the New Year so the clock starts ticking all over again; any benefits that were not used are lost. Even though most plans have a deadline at the year’s end, not all of them do. This is why you should check to see when your particular dental plan’s deadline is.

Suggestions to Make the Most of Your Plan

You want to make your dental dollars stretch as far as they can, so take full advantage of the benefits your plan offers. Preventive care is almost always completely covered by dental insurance. Prevention is also the best way to keep your mouth healthy. If you or your family members have not had an annual checkup, make that appointment now.
Talk to your dentist and benefits provider to make the most of this year. Even though it may be too late to do some of the work that’s covered, do as much as you can before the year ends. Next year, get a better start by having a conversation about what work you need to have done and which of those procedures are covered under your dental plan.

The person who handles insurance claims at your dental office can be very helpful in assisting you with getting the most out of your dental benefits. You can also call your insurance company and speak with a representative, or you may find their website helpful.

Do not let your dental benefits go to waste. Oral health is one of the cornerstones to overall wellbeing so take full advantage of the dental care you are paying for. At Kids 4 Ever, we will be glad to help you determine the best way to get the most out of your dental benefits before the deadline closes. Give us a call and make an appointment today.

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