Your 2023 Dental Insurance Benefits – Use Them or Lose Them!

As the end of the year approaches, you may reflect on your dental health and insurance coverage. Many people overlook that dental insurance benefits typically reset at the start of a new year. Any unused benefits from the current year may go to waste. To help you make the most of your dental insurance, we’ve put together this guide on maximizing your benefits before they expire.

Understanding Dental Insurance

Before diving into strategies for using your dental insurance, it’s essential to understand how dental insurance works. Dental insurance is designed to help you maintain good oral health by covering various preventive, diagnostic, and treatment services. Most dental plans operate on a calendar year basis, which means they reset on January 1st of each year. Here are some key terms to be aware of:

  • Premium: The amount you pay for dental insurance each month or year.
  • Deductible: The amount you must pay out of pocket before your insurance begins covering costs.
  • Annual Maximum: The maximum amount your insurance will pay for dental care in a year.
  • Copayments/Coinsurance: Your share of the cost of dental services after meeting your deductible.

Maximizing Your Dental Benefits

As the end of the year approaches, be sure to schedule preventive care. Dental insurance plans typically cover preventive services like cleanings, exams, and X-rays at 100%. Take advantage of these benefits by scheduling your regular check-ups before the year ends. Routine preventive care can catch issues early, saving you money on more extensive treatments later.

If you haven’t met your annual deductible, consider scheduling any necessary treatments or procedures before the year ends. If you have already fulfilled part of your deductible, once you meet the remainder, your insurance will start covering a more significant portion of the costs.

If you’ve been putting off major dental work, such as crowns, bridges, or oral surgery, consider scheduling these procedures before the end of the year. You can maximize your insurance benefits and reduce your out-of-pocket expenses. Waiting until next year will reset the deductible, putting you back at square one.

Keep track of your insurance’s annual maximum limit. If you anticipate needing extensive dental work, plan accordingly to ensure you don’t exceed this limit. In some instances, if you exceed the maximum payout for the year, you may want to do part of a procedure (for example, tooth extraction) in one calendar year, then do the restoration in the next calendar year so that at least part of the work is covered in each year.

Individuals with Flex Spending Accounts (FSAs) or Health Savings Accounts (HSAs) may be able to use these for dental care to supplement dental insurance. These accounts allow you to set aside pre-tax dollars for dental expenses from your paycheck. If you have one, consider using any remaining funds for dental care before they expire.

Take some time to review your dental insurance plan’s details, including coverage, limitations, and any changes that may have occurred. This will help you make informed decisions about your dental care.

Maximizing Benefits This Year for a Better New Year

Maximizing your dental insurance benefits at the end of the year is a smart financial move. By scheduling preventive care, using your deductible, and planning for major treatments, you can ensure that you make the most of your coverage. Don’t let your hard-earned benefits go to waste. Take proactive steps to maintain your oral health and make the most of your dental insurance before the clock runs out on the current year. Your smile and your wallet will thank you!

If you want to use your dental insurance before the end of the year, now is the time to call for an appointment. Contact our office at Flushing NY Office Phone Number 347-943-1960 to schedule a consultation.