Dental services are a fairly expensive form of medical care, which is why many Americans who work and have regular income are ready to refuse these services because of its high cost. There is a dental insurance, but it does not work like other types of health insurance. To understand this and whether it is worth paying for and using dental insurance, you should consider this issue in detail.
What is the price of dental insurance?
On average, Americans pay about $ 300 a year for dental insurance. Insurance rates range from $ 180 to $ 600 per year, depending on the insurance company, city and state. Dental insurance usually covers a maximum amount of up to $ 2000 a year, unlike medical insurance, where coverage begins only after the franchise.
After your insurer covers a maximum amount of one or two thousand dollars, you pay the full cost of dental care from your pocket. Considering the average cost, for example, of an implant of $ 1,500, or even just a root canal, starting from a thousand dollars makes these costs not so small.
Dental Insurance Coverage
Most of the dental insurance plans offered by insurance companies include the following scheme for covering dental expenses:
- They cover only 50% of the cost of installing dental crowns, implants, root canals and other major procedures;
- 80% of the cost of basic procedures such as extractions or fillings;
- Only routine procedures, such as a diagnostic examination, X-rays or tooth cleaning, are covered by a 100% dental insurance within the prescribed limit.
At the same time you must remember that different insurance companies may classify the same procedures in different ways, relating them to different categories. To understand this, you should carefully read the contract of dental insurance, which describes the various procedures.
Many insurance plans provide diagnostic procedures up to two times a year, to avoid serious problems. Cosmetic procedures are mostly never covered by dental insurance.
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Dental Insurance Plans: Indemnity Insurance Plan
Indemnity insurance plan provides maximum flexibility and coverage for dental services. When you buy this insurance plan you get a higher coverage limit, and the deductible will be noticeably lower. You will have the opportunity to choose the necessary procedures and you will be able to choose the dentist that you like best.
On the other hand, this dental insurance plan is the most expensive option and you will initially have to pay more for the insurance.
DPPO Insurance Plan
DPPO plan is average in price and coverage of dental procedures. Such a plan will be most relevant for those who need serious dental care in the future. Basically, DPPO offers the maximum amount of coverage each year, and allows you to use the services of dentists in the network, which will cost you less.
DHMO Insurance Plan
This dental insurance plan assumes the lowest cost of dental insurance. It mainly covers only preventive procedures and you have to pay the rest together with the insurance company, or completely from your own pocket.
It is most suitable for those whose teeth are in good condition and for whom it does not matter which dentist will carry out the necessary preventive procedures.
Should I use dental insurance?
Any type of insurance has its advantages and disadvantages, so you should consider your conditions and the condition of your teeth. If they are quite clean and just fine, you can choose the cheapest insurance plan and carry out preventive procedures that it covers completely, which will allow you to avoid more serious dental procedures.
When you know that in the near future you may need serious dental care, you can also save a certain amount of money by purchasing an insurance plan with a large coverage of procedures. You will be calm, knowing that if a serious dental problem arises, you will be insured.
If you do not want to spend money on dental insurance now, but you are not sure about the condition of your teeth, then you can rely on the case, but if you have sudden problems you may be in a situation where you need urgent cash.
In this case you can take a personal loan without a credit check to solve the problem, – the choice is yours. In any event, we can help you decide on the choice of insurance, or in obtaining a personal loan without a credit check.
You can find a lot of useful information regarding any financial issues on our website, as well as apply for a loan. Besides, you can ask for our experts advise on any financial issues that have arisen.