You may ask – what’s the difference between dental insurance and dental plans? They are both some form of pre-payment plan for future dental treatments with several differences. These are:
• A dental plan has less paperwork
• A dental plan does not leave a question on whether you will get reimbursed for the amount you are claiming
• A dental plan will not bother you with long processing procedures
There are also some similarities such as:
• A dental insurance and dental plans will both give discounts on treatments
• A dental insurance and dental plans will both allow you to choose a dentist from the list provided
• Both also have simple and quick approval process
The next question in your mind should then be which one to choose – dental plans or dental insurance. It would appear that the dental plans are more advantageous, but the only person who can help you decide is your dentist. Go have a check up and ask your dentist what procedures he thinks you need to have done within the year or two. Based on his assessment, then you can make a decision.
Choose a dental plan, of which there are many types, if you will not be needing major operations. If you do, then you need to get the full coverage dental insurance. Full coverage dental insurance has one major difference – it’s a lot more expensive, but not if you will be needing a major dental treatment down the road.
Otherwise, why not get a premium dental plan? This will allow you to save up for the treatments without feeling the money going out of your wallet. This is because you will be paying monthly a minimum amount, and when the time comes for that needed dental treatment, your premium dental plan will be more than adequate to cover your dental expenses. If money is the reason why you avoid getting insurance, then you can opt for a cheaper policy instead of the full coverage dental insurance. Naturally, what all insurance companies and their agents will try to foist on you will be the full coverage, if you insist on learning more about the cheap insurance, you will get the answers you need.
There are many insurance companies and agents that will go out of their way to get your account. To do this, they will do their best to customize a cheap dental insurance plan that you can afford. Finding these agents can be done by calling up insurance companies or brokers. On the other hand, you can save if you go directly with the insurance companies. Most reputable insurance companies are available online. They have their own websites which you can visit to get all the important information you need.
What you also have to concern yourself, aside from the monthly payments, would be the reputation of the insurance company. It would be better to pay a little more to a well established insurance company than to put your money on an insurance company that has no solid financial structure, and no verifiable credentials to show you. Even if you see accreditation logos on the websites, make sure to click on it to see if it opens up a link. Some logos are just there for show, and will not link you up to the site.
Think seriously about dental insurance because you will need it for dental treatments, and all of us are vulnerable to teeth and gum problems. It may not happen today, or next week, but it will happen. Being prepared for the inevitable is good financial planning, and cheap dental insurance is one way to do it.