The end of the year is just around the corner along with the holidays, how exciting! But before we get too excited to start the holidays and end the year with a big bang have you used up all your dental insurance benefits? Did you know your dental insurance benefits expire at the end of the year? Yes, you heard right expire; they don’t roll over. Take advantage of your dental insurance and use your benefits to care for your oral health before they are taken from you. According to the National Association of Dental Plans, there is 2.8% of people with PPO dental plan participants who reached or exceeded their plans annual maximum. We want you to be part of that percentage who take advantage of their benefits!
If you buy a plan, you and your employer are paying a premium that goes to waste if you don’t use your dental insurance. So, you want to make sure you are using your insurance to visit your dentist and getting the proper treatments you need before the end of the year. Some plans end on December 31 or end at different times of the year, so double check when your policy expires or ask your employer about it. In addition to knowing that dental insurance expires, here is why you should be more active in using your benefits than losing them.
Yearly maximums: Insurances give an annual maximum of what can be spent on dental care on an annual basis. The amount given to use is what you need to be reaching as not to lose the money. Every year insurance resets, and if you didn’t reach the maximum, it does apply to next year it goes to waste. Now, if you have dental benefits and aren’t using them, then you run the risk of forfeiting those benefits.
Increase in Deductibles: Deductibles are the amount of money you pay out of pocket before your benefits take effect. If you prefer to see a dentist outside of your network, then the deductible will be higher. When your plan rolls over, then you’re going to have to the deductible again to use your dental benefits.
Premiums: This is what you and your employer pay for when you buy a plan, it is the upfront dollars. Use the benefits if it’s getting paid for! Unused benefits get taken away by the insurance and put the money in their pockets. Don’t give free money when it comes to paying for your health treatments.
Fee Increases: We all know prices increase over time which is reason enough to use our dental benefits. Fees will be raised to accommodate for cost of living and material costs which in turn means an increase in co-pay. It is better to pay a high co-pay than the actual cost of the treatment.
Dental Problems: Even though this has nothing to do with insurance, I still think it is worth mentioning. Why? Well over time our health declines and it’s reason enough to start caring for it now! Dental problems don’t get better over time, what starts off as a simple toothache from a cavity can become a root canal or tooth extraction. Care for your teeth now, don’t wait until you have extensive treatment down the line.
Take advantage of your dental insurance and care for your oral health. The money paid for insurance is worth the use since you are most likely to less of the actual dental treatment. Don’t let the money go to waste and don’t let your benefits be taken from you if you haven’t used them or if you haven’t reached the yearly maximum. Get all the information you need from your insurance to know when is the end of the year deadline for you to use your benefits. If you need to see a dentist, schedule an appointment with us, we are always happy to attend to your dental needs!