
ExecutiveChronicles.com | Top 5 Factors to Consider When Choosing Dental Insurance |
Are you planning to invest in dental insurance?
Though 80% of Canadians claim to have a dentist, 32% of them don’t have dental insurance.
In the United States, almost the same percentage of Americans don’t enjoy any dental coverage. In turn, they have to pay large amounts of money, especially for complex dental procedures.
With so many providers out there, choosing dental insurance can be tricky. Continue reading below for five of the most important ones to consider when buying dental insurance.
1. Choosing Dental Insurance Begins with the Cost
The first big factor to consider when choosing dental insurance is the cost. How much can you afford at the moment? Visit the websites of different dental insurance providers and check the cost of their plans.
In the U.S., Health Maintenance Organization (HMO) plans have lower premiums compared to Preferred Provider Organization (PPO) plans. However, the latter usually comes with lower out-of-the-pocket costs.
Also, comparing insurance costs is crucial. Even if they offer the same coverage, they likely have differences when it comes to prices.
2. Do You Fall Under Group Coverage?
Another factor to consider is the type of coverage. Determine if you fall under group coverage or not. A lot of dental insurance applicants fall under group coverage through their employer.
Others acquire group coverage through Medicaid, Tricare, AARP, and the Affordable Care Act. The great thing about getting insurance via group coverage is the price. Generally, they are cheaper compared to individual plans.
Moreover, they often come with better benefits. Still, check specific group packages for their benefits. See if they give the best value for your money.
3. The List of Treatments
What are the treatments associated with dental insurance? Different plans cover different treatments in varying degrees. These key treatments include routine and preventive care, complex care, and emergency care.
Preventive and routine care includes regular cleaning and check-ups, fillings, x-rays, and oral surgery. Complex care covers dentures, bridges, and orthodontic treatments.
Emergency care involves treatment of the teeth and mouth following an accident.
Aside from reviewing treatments, find out if Green Shield dental coverage takes care of your dental procedure.
4. The Participating Dentists
The names of the participating dentists are another key factor to consider when looking for insurance plans. Search for dentist names and practices. Check whether they’re near your home.
It’s important, especially for medical dental concerns. Take note of insurance providers with dentists practicing near your area.
5. What are the Caps and Limits?
Last but not least, ask about the caps and limits coming with the insurance coverage. Most dental insurance plans have an annual coverage limit of $1,000 to $1,500.
Some also require a deductible amount to pay annually. Ask about their waiting periods for some of the treatments.
Increase Your Insurance Knowledge
Choosing dental insurance becomes easier if you consider the key factors above. You will make better decisions and get the best value for your money.
However, picking the right dental insurance provider is only one aspect to learn.
Check out our other blog posts. We discuss topics about insurance and how to secure your family’s health.