November 11, 2018
What do you have on your year-end to-do list? You might be busy preparing for family gatherings, snatching up great deals at your favorite retail stores, and thinking about your resolutions for 2019. You might also find it beneficial to schedule that oral surgery in Denver that you’ve been putting off. Getting your procedure taken care of now can help you to get the most out of your 2018 dental insurance benefits.
Dental Insurance: Use It or Lose It
Most dental insurance plans operate on a calendar-year basis. Every January 1, you get a certain amount of money that you’re allowed to put toward approved dental procedures. Usually, this annual maximum is between $1,000 and $1,500, though some plans have an even higher limit. The portion of the money that you don’t use by December 31 disappears forever. Very few plans have a rollover provision that lets you use your benefits after they expire.
If you still have a significant portion of 2018’s annual maximum remaining, why let it go to waste? You may be able to put that money toward your oral surgery, thereby significantly reducing the out of pocket costs associated with your procedure.
Tips for Maximizing Your 2018 Benefits
Here are a few more pointers to help you get the most out of your 2018 insurance benefits:
- Visit an in-network care provider. Insurance covers treatment at in-network practices at a higher rate than they do at out of network providers.
- Understand how your insurance works. Some dental insurance plans require a waiting period of at least 12 months before you’re eligible for coverage for certain major procedures. Find out whether your surgery is covered before you commit to it. If it isn’t covered, speak to the folks in the oral surgeon’s office about other payment options. For example, you might be able to use your flexible spending account (FSA) to pay for your treatment.
- Take a look at your medical insurance. Sometimes, medical insurance is willing to pay for certain types of oral surgery, such as dental implant placement, if the procedure is necessary for your overall well-being.
- Ask for help. If you’re struggling to put together a strategy to maximize your 2018 insurance benefits, don’t hesitate to ask for help. The office staff at your dentist’s or oral surgeon’s office, the HR director at your workplace (if you have insurance through your employer), and the insurance company representatives can all be treasure troves of valuable advice.
Are you taking full advantage of your 2018 dental insurance benefits? You only have a few short weeks left to use them before they’re gone forever!
About the Author
Dr. Brian Fangman is an experienced oral surgeon in Denver who takes great pride in helping patients find relief from orofacial problems and rediscover a functional, beautiful smile. He and Dr. Robinson accept many forms of insurance, and our practice is in-network with several major benefits providers, including Delta, MetLife, and many more. To learn more about how our team can help you get the most out of your coverage, contact us at 720-328-4990.
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