Are you thinking of getting a dental plan? Well, it’s about time that you did. Having your won dental insurance plan has several advantages or benefits. If you have a family of your own, you can even get a plan for your wife and kids and extend to them the same benefits that you can reap.
If you’re interested of getting dental insurance, your first question might be how much does it cost?
Through dental insurance plans, beneficiaries pay a fee to join and they get discounts for services from a participating dentist or dental clinic.
Dental insurance premiums vary depending on the type of plan you get, your age, preferred coverage, and other factors. There are plans available for an individual, family, and even employees of a company. The cost also depends on the type of procedures you want to avail of, the more expensive the dental procedure, the higher the premiums go.
For companies, dental insurance premiums depend on the number of staff, their ages and the kind of plan that the company avails of. Premiums may range from $300 to $600 monthly. In the case of individuals, dental plans usually range between $8 to $25 monthly and $13 to $76 for a family plan. This already includes immediate coverage.
What do dental plans generally cover? Dental plans cover various services but similar to any insurance plan, it also has exclusions. These are services not covered under the policy. Usually, plans include basic dental services like general check-ups as well as x-rays, fillings, etc. The policy usually indicates the limit which is given per calendar year. As a plan member, you will be obliged to pay a deductible before the insurance company will begin paying your benefits. Take note that a policy with higher deductible has lower premiums.
In terms of charges, the amount payable is already determined in the insurance benefits documentation. The insurance company usually limits the amount being covered which is known as the UCR or Usual, Customary, and Reasonable costs of dental services. How does this work? The insurance company will pay the maximum amount in the policy based on the UCR schedule of fees. The excess amount charged more than the schedule of fees will be shouldered by the policyholder.
So if you’re thinking of having your own dental insurance plan, you can check with your state insurance department for accredited list of dental insurance companies.
This guest post is written by the writer of HowMuchIsIt.org, a website that talks about the costs for just about everything.