Choosing Dental Plans
Undoubtedly, dental work is very important for everyone as our teeth is an important asset. Ask any elderly person who uses dentures; they would prefer their pearly whites. Due to the fact that teeth are important to everyone, dental work can be quite expensive. Especially if you are a family with limited income and the kids need braces and you need new crowns, the fees would give you more headache and stress! This is the reason why dental insurance plans were introduced. It is to help offset the high cost of necessary dental work. However, there are many types of dental insurance plans available out there and most are also quite limited. To give you and idea of the various types of insurance that you can buy, I have listed some common dental insurance plan choices:
This plan would allow you to choose your own dentist. This type of plan is most commonly known as fee-for-service and has limits but offers co-payment options like reduction dental handpiece. This means that you would only need to pay a flat fee for the dental visit, but you would have a yearly limit on the coverage for your dental expenditure.
Self Insurance Plan
This plan is the same as the indemnity plan, but you cannot choose your own dentist.
Closed Panel Plans
This particular plan would limit the number of dentists available to you and you can only use specific groups of facilities.
Indemnity plans are thought of as traditional or conventional insurance. These are dental plans for individuals who want the most flexibility and are able to pay the higher premiums. This is a plan that is generally set up on a sliding scale for coverage. For example, routine and preventive services are usually covered at 100%, basic restorative is generally covered up to 80% and major procedures at 50%. Indemnity dental plans for individuals are best for those who want to choose any dentist and not have restrictions on specialists and types of treatments that are covered. Because this plan allows you to see any dentist and covers the widest range of treatments the premiums are among the highest in the industry.
Discount dental plans for individuals are different from insurance. These plans don’t cover expenses, they give you a discount on the services. By joining a discount plan you are able to see any provider who accepts the discount card. The providers agree to charge you a lower fee for services by being a member. The discounts vary but are commonly 25% to 35% off the standard fee for most procedures.
The information here is not all inclusive and is meant as a way to help everyone understand the differences in dental plans for individuals. Hopefully with this information you are able to find the right plan for your dental needs.
See also: Globalsmiles