How to Choose Dental Insurance
Dental insurance can be a nightmare. Sure, it is cheaper than health insurance, but the coverage is limited, even after you have paid your deductible. It is not surprising that cost constraints can make even people with dental insurance delay needed procedures.
According to Consumer Reports, some people put off care because their insurance does not cover the procedure while others do so because they have used up their maximum coverage for the year. To avoid the same challenge, check out the key steps below to help you purchase the right dental insurance.
1. Get a group coverage program.
These plans are generally less expensive than purchasing individual insurance. The benefits may also be better. For most people, this is how they get their dental insurance, through employer or other program like AARP, Affordable Care Act marketplace health insurance policies, or public programs, such as Medicaid, Children’s Health Insurance Program, and TriCare for the military. If you are getting one from your employer, check the details of the plan thoroughly to make sure the money is worth it.
2. Buy an individual policy.
If you do not qualify for a group policy, you can buy an individual policy. It is often more expensive and offers limited benefits. Worst, firms enforce a waiting period for major procedures, some up to a year before you can start using certain benefits. Your best move here is to comparison shop. Never tire of it. Get price quotes and policy details from insurance-company websites or talk to a knowledgeable insurance agent. Research until you find the provider offering the best value.
3. Check the list of dentists in the network.
The easiest thing to do is ask a dentist you like which insurance plans he or she accepts. Some dental plans, like indemnity insurance plans, allow you to select your dentist, but PPO and HMO plans limit you to in-network dentists.
4. Understand the policy you are buying.
Review the policies you are considering. Learn the waiting period before the insurance begins and how much coverage is provided. The details are important because you may end up paying a lot and receiving very limited benefits from your insurance. Even if a friend or colleague recommended their plan to you, they may have a different benefit package from the one you are offered so always mind the details. This will differentiate good dental insurance from the one that is only a waste of your money.