It's time to Use ‘Em or Lose ‘Em with Dental Benefits
The holiday season is here and that means the end of the year is around the corner. With the end of the year, it’s time to “Use ‘Em or Lose ‘Em” with your dental benefits. Most insurance plans reset at the beginning of the New Year. But what does that mean to you?
You could be missing out on routine dental treatment. Cleanings, exams, x-rays and fluoride applications are often included in dental plans at no additional cost. If you haven’t maximized these benefits, you are missing out on one a biggest benefits you have with dental insurance. After all you are investing in your dental plan, you might as well maximize your dental benefits.
Maximums generally reset with the New Year. Dental plans have a maximum amount of dollars spent on dental treatment in a year. Any unused amount goes to waste. For that reason, if you have several procedures that need done, this is a great time of year to maximize your benefits. You can use the remainder of the benefits this year and any remaining work that needs done can be done at the start of the New Year with the new dental spending!
Along with a reset of you maximum dollars spent, your deductible will also reset. If you have already met your deductible for this year, but still haven’t used your maximum spending, it may cost you more to wait until the New Year to have work done because you will have to pay a new deductible before insurance benefits begin.
It’s a great time of year for getting in to the dentist, especially if it’s been awhile. Sometimes you can save yourself big money by splitting your work between two dental benefit years.