How to Find Affordable Dental Insurance

Locating an affordable dental insurance plan relies on your ability to be selective of your deductible, limits and elected services. Many of the expenses associated with your dental insurance are consumer-driven. This means you can directly affect how much you pay by how much you use the plan and in what capacity. Consider the following strategies to reduce the fees associated with your dental insurance.

Raise Your Dental Insurance Deductible

Determine how much you can afford to pay out-of-pocket for dental care each year. If you can afford a few hundred dollars, you may be able to cover most expenses without using your insurance. You should still consider maintaining a relatively low office visit copay. Also, look to pay for simple work, such as fillings, without using your insurance. Most adults, require very little dental work outside of cleanings. For larger problems, such as dental surgery, your deductible will provide you with the coverage you need. You may also be able use a Flexible Spending Account to pay most of these expenses with pre-tax dollars.

Lower Your Dental Insurance Limits

Consider lowering your dental insurance limits if you have a low risk of dental emergency. For children, or for those who play contact sports, a high limit may be necessary. Most adults can predict their yearly dental spending with great accuracy, but your limits are there to cover you in case of unforeseen emergency. It is rare that you will use your entire policy limit. In the case of emergency, the money you have saved in dental insurance premiums over five or ten years will likely cover the cost of your lower policy limits. It is also important to note that emergency dental work is much less expensive than emergency medical is.

Seek Individual Dental Insurance 

Your employer may provide dental insurance for you through an employee benefits program. In most cases, this is the cheapest for the employer but not the cheapest for you. Consider asking your employer if you can receive a reimbursement for an individual dental insurance plan rather than using their selected plan. This will allow you to shop around for dental insurance discounts and directly choose how much you will pay. As an individual, you will have more power to leave your insurer if you are not pleased with their service. This consumer-driven insurance option has gained popularity in the past decade as a way of putting the spending power directly in the hands of the consumer. Many employers will consider insurance reimbursement, because most employees will spend less on insurance if they are directly responsible for it. When you are receiving direct reimbursement, watch your dollars carefully and be selective about what you utilize your insurance for.

blog comments powered by Disqus