Use it or Lose it: 6 Tips to Avail Your Insurance Now

Millions of people each year ring in the New Year by leaving money on the table when it comes to dental benefit programs. That is definitely not a good way to end the year, is it? 

You probably aren’t aware that making use of your dental benefits before the year’s end will save you hundreds of dollars! While most dental plans are based on a calendar year, others are economically based on certain circumstances. 

If you have dental insurance, make sure to read your policy to see if it contains a “use it or lose it” clause. If you don’t know where to go for this information, you can contact us at Bravo! Dental office or can also contact your insurance provider or employee benefits department, depending on your insurance and who provides it. 

Maximum for the year 

Your dental insurance plan most likely has a yearly limit, which is the maximum amount that your dental insurance policy has agreed to pay for the entire year. The typical annual premium for most people is $1,000, but this varies depending on the insurance company. Because unused schemes do not roll over to the following year, it is prudent to plan before the calendar or fiscal year ends. 

Deductible 

Before your insurance company would pay for any services, most insurance companies ask you to pay a deductible to your dentist. Your deductible will differ depending on your plan and the dentist you choose; however, the average deductibles are roughly $50 per year. In addition, your deductible will be reset when your plans roll over to a new year. 

Healthcare costs 

Every month, you pay dental premiums, and you should use them to their full potential. Coming in for an oral check-up every six months, even if you don’t think you need dental treatment, is a fantastic way to preserve your oral health and avoid future dental problems. 

Increases in Service charges 

Dental fees may get raised at the start of the year to account for rising costs of living, equipment, and materials. Therefore, it would be prudent to take advantage of all of your benefits before the end of the year; you might save money! When the premium time ends, all of the previously offered services for free or at a reduced charge are no longer available. The payments will not roll over once the new year begins. 

Take Care of Your Teeth 

Many people postpone receiving dental treatments until it is essential. By fixing a minor problem promptly, you can avoid it becoming a larger problem. Your dental insurance policy provides you with an annual budget for the procedures you need to keep your teeth healthy. Your coverage may cover up to 100% of the costs after you pay your yearly deductible, ensuring to restore your smile without breaking the bank. 

Use your insurance now to save future out-of-pocket expenses. 

Dentists emphasize the importance of bi-annual dental check-ups because untreated oral problems only get worse. Complications with your teeth or gums would necessitate expensive, time-consuming treatments that would exceed your insurance coverage.  

If your dental plan has a “use it or lose it” clause, now is the time to make your next visit. Don’t throw away your hard-earned dental dollars. Instead, book your appointment now at  Bravo! Dental.