When the clock strikes midnight on December 31st, what will you be doing? Sharing a kiss with someone you love? Spending quality time with family and friends? Unfortunately, if you’re like most people who pay dental insurance premiums, you’ll probably also be losing money! To avoid doing that, let’s take a closer look at how you can maximize your dental insurance benefits.
Use It or Lose It
If you have dental insurance, you have what’s called an annual maximum, which is the highest dollar amount that your insurance will pay for your care within the calendar year. Usually, this is around $1,000. Only about 3% of people with insurance will actually meet this amount. But it’s no big deal, right? All that leftover money just rolls over into the next year, right? Wrong!
It doesn’t matter how much money you have left on your annual maximum. Once 2020 arrives, all leftover money will go straight back to the insurance company, and the amount is reset. Most people don’t know this because dental insurance providers want you to lose that money. So, instead of losing coverage you’re already paying for, let’s talk about a few ways to maximize your dental insurance benefits before 2020.
Meet Your Deductible
Your deductible is the amount you have to pay out-of-pocket before your insurance company steps in and starts paying for your care. More often than not, dental insurance deductibles are incredibly low. Like your annual maximum, your deductible also resets at the start of the new year. If you’ve already met your deductible for 2019, you might as well get that filling or crown you’ve been putting off. Otherwise, if you wait until the new year, you’ll have to pay your deductible all over again.
Get Another Checkup and Cleaning
Ask any dentist and they’ll tell you that you need to get at least two checkups and cleanings a year. This helps keep your smile healthy and allows your dentist to treat minor issues while they’re still small. However, the vast majority of people only get one, if they go at all. This is detrimental not only to your pearly whites, but to your wallet as well. If you’ve only been to see your dentist once this year, you might as well make that second visit before 2019 ends, since you’ll probably pay nothing out-of-pocket for it!
As you can see, it’s not that difficult to maximize your dental insurance benefits. Just meet your deductible and make that second biannual appointment. Follow those tips so you don’t spend the new year losing money!
About the Practice
At Brookwood Dental Associates, we offer patients of all ages the chance to receive the care they need without worrying too much about the cost. This is because we accept most major PPO plans and are more than happy to process and file your claims for you so that you don’t have to worry about a thing and can get the most out of your plan. To learn more, you can contact us at (215) 368-2424.