Dental insurance is one of the policies that a lot of people overlook. Aside from it being expensive, it’s also not included in a lot of employees’ benefits. So if you really want to get dental insurance for yourself or for your family, knowing what kind of dental insurance plan is going to be helpful. See this post for everything you need to know about cheap and affordable plans vs premium and full-coverage plans.
How Dental Insurance Plans Work
Before you go canvassing for different kinds of dental insurance plans, it’s important that you understand how it works. It’s not like health insurance where you pay a certain amount and the insurance company pays for a fair percentage of your hospital bills. Instead, dental insurance plans have a limit every year and depending on your plan, have limited services covered. To add to that, dental insurance plans work by having a deductible. A deductible is the price the patient pays before the insurance company pays for its share.
Types of Insurance Plans
Just like any other insurance plans, dental insurance has different types. These are group and individual plans.
Group plans are called as such because they are bought as a group, most of the time through a company or an association. A group plan is usually less expensive as compared to individual plans because the company partly pays for the annual fee. If you are given the cheapest dental insurance plan, then you will only be paying at least $19 a month. This does not include the share of your employer.
On the other hand, you have your individual plans. If your company doesn’t offer dental insurance plans, then you might be convinced to get your own. Naturally, individual dental insurance is more expensive because you will not be getting as big a discount if you’re buying in bulk. Nonetheless, buying dental insurance is not a problem because you can either buy them online or from a broker.
Cheap vs. Premium Coverage – Which One is the Best?
If you don’t have automatic dental insurance as provided by your association or company, then you are probably wondering about the best insurance deal. Do you get the cheaper plan or the more expensive one? Will you get one that covers all services or just the basic ones? These questions might be at the top of your mind when you canvas for dental insurance plans. To help you out, here are two considerations.
The first thing people look at when it comes to dental insurance is the price. If you don’t have the budget to pay for a bigger plan, then a cheaper plan is the wiser choice. Although a cheaper plan does not cover a lot of dental services like fillings and oral surgeries, it can be enough if your goal is to have preventive care. Usually, cheaper insurance plans are able to give you the maintenance your teeth and gums need.
It’s important to note that a more expensive dental plan doesn’t mean it’s the best. Some have more dental services covered but make sure to read the contract about the limitations of your plan.
The next thing you want to consider is coverage. Cheaper dental insurance plans have limited coverage. Some don’t cover denture repairs, gum cleanings, and other oral surgeries. While if you get a premium coverage, you will most definitely have more benefits.
But the thing about coverage is that whether you get a cheap or a premium plan, dental plans, in general, do not have wide coverage. For one thing, they do not cover dental cosmetics. To add to that, some policies allow certain services only after a few years you’ve started paying. For example, in the first year you get insurance, you are only allowed the basic preventive services. On the second year, you can already avail of treatments and denture repairs.
When deciding whether to get a cheap or a premium plan, always keep in mind the limitations of your budget. You should also know that just because a plan is more expensive that it gives the best benefits. It all comes down to the fine print. So when canvassing for insurance plans, ask the broker for the list of services and the scope of their plans.