Your insurance provider has probably included stipulations in your dental plan to shift the cost of your care back onto you, the subscriber. However, the end of the year is an opportunity for you to get the most out of your plan. If you’re looking to get your money’s worth out of your dental benefits, here’s why you should schedule a dental appointment with Perkins Dentistry in Dunnellon FL before the New Year.
- The Yearly Maximum
Dental insurance plans usually set an annual maximum coverage cap. This amount is often somewhere between $1,000 and $1,500 per insured individual, with the coverage amount renewing every year on the first of the year. Since this amount resets on January 1st, it only makes sense to use up to your maximum coverage amount if you can.
- Overlapping Years
If your dentist has recommended treatment consisting of several costly related dental procedures for you, it is possible to reduce your out-of-pocket expenses by dipping into the maximums of two different benefit years. This can be acheived by scheduling them to start before – and complete after – the start of the New Year.
If you contribute to a Flexible Spending Account (FSA) through your employer on a pre-tax basis, you’ll want to use up your entire contribution amount for the year. If you don’t, you will be forfeiting any unused FSA contributions at the end of year. Also, patients with a Health Savings Account (HSA) can use it to improve your oral health at the end of year without suffering any tax penalties.
Often dental plans require you to contribute a specific amount of cash out-of-pocket towards your care before your benefits start paying in full for your care. Once you’ve paid out your deductible for the year, you should make an appointment with Perkins Dentistry for any procedure you may have been putting off to be paid in full. If not, you’ll have a brand new deductible amount to meet once the calendar rolls over to the next year.
- Monthly Premiums
You pay monthly premiums for your dental coverage, you should really be using those benefits. Many consumers see dental insurance as being only for unexpected dental issues that may arise. However, if you use your benefits to have routine services such as cleanings, you can prevent minor issues from becoming serious.
- Fee increases
The burgeoning costs of operating overhead such as materials or equipment can lead practitioners to raise their fees from time to time. As we welcome a new year, it is common practice for dental offices to review their fees to determine if increases are necessary. If you wait until the next year to see your provider, you may face a higher co-pay. Therefore, it’s wise to schedule your appointment in December, before any potential fee increases.
- Dental Problems Only Get Worse
While we’ve all put off things we don’t want to do, especially when those things might end up being uncomfortable, the vast majority of dental problems will only get worse with time if left untreated. Procrastinating only leads to more discomfort and possibly higher costs when you finally break down and seek treatment. If you go now- before the problem becomes more complicated- you may pay less for your treatment. But, if you wait, you may pay more due to your dental insurance provider feeling the more serious issue was preventable.
To learn more about the insurance and payment options Perkins Dentistry accepts, call our offices at (352) 440-5827.