In Short yes! If you don’t use all of your dental insurance benefits this year, you lose them forever! That’s right – no dental benefit plan we know of allows you to carry unused benefits over to the following year so don’t let those remaining benefits go to waste!
Here are 5 reasons to use your dental benefits before the end of the year:
1. Yearly Maximums
Your dental plan gives you a maximum of what can be spent on your dental care on an annual basis. This amount varies between insurance companies, and averages around $1500 per person per year. These maximums are typically reset at the end of the year, and if you have unused benefits, they will be forfeited.
The deductible is the amount of money that you pay out of pocket before your benefits begin to take effect. The fee varies between insurance companies and could be higher if you prefer to see a dentist that is out of your network. When your plan rolls over, you are required to pay your deductible again to start taking advantage of your benefits.
If you are paying for dental benefits, you should be taking advantage of them! This sounds simple, but there are many people that do not exercise their benefits and let the insurance company take that money away from you, and put it straight into their own pockets.
4. Fee Increases
Another reason to use your benefits now is that it is always possible that fees will be raised to accommodate the cost of living or increased material costs. An increase in fees can also raise your copay for the treatment.
5. Dental problems do not get better over time
By delaying treatment, you may be opening the door for more extensive treatment to be needed in the future. What may be a simple cavity now can turn into a root canal, crown or extraction/implant down the road and cost you thousands. Treat your teeth with care now, and they will thank you for it in the long run.
If you have been postponing dental treatment, call our office today to see if you have any benefits remaining this year. We also have various financing options available to help with any portion that is not covered by your dental insurance. If you have no dental needs at this time, good for you! Please just accept this as a reminder that we are concerned with keeping your out-of-pocket dental costs to a minimum.