End of the year, time to reap the benefits of dental insurance
End of the year, time to reap the benefits of dental insurance. The end of the year is a key time for those who have dental insurance and we explain why. It is not only because it is the period of the year when we eat more pork rinds and these can affect the teeth, but also because of the characteristics of dental insurance.
Generally, dental insurance expires annually. This means that you can use the benefits available in the coverage only until December 31. With the new year, new coverage will begin. So those with dental insurance should hurry and spend the benefits before they expire at the end of the year.
On the other hand, a typical dental plan requires that, before beginning to use the benefits, the insured pays the deductible assigned in the plan. In other words, spend an amount of money out of pocket from which the benefits associated with the coverage begin to work. It may be that a person who has dental insurance, at this time of the year, has paid for different treatments out of pocket and has only a month left to use its benefits.
If this were not enough, it is usual for each dental insurance to have a maximum annual coverage of between $1,000 and $1,500. Money that, if not used on time, will disappear at the end of the year.
With this scenario, it is best to hurry and contact your dentist to see during this last month of the year how to get the most out of the policy that you have been paying for a whole year. Although each case is different, you may be convinced that you have days left to make your 2022 policy profitable. End of the year, time to reap the benefits of dental insurance.