Use it or lose it; 3 ways to maximise your health insurance benefits
For the great majority of people, your dental benefits re-set every single year. Said another way, most people have dental benefits that are based on a one-year benefit period, and in most cases, that benefit period is based on our calendar year.
So that means if you haven’t used those benefits up until now, you’ll want to be sure you do use them before the end of the calendar year. If you don’t, you forfeit those benefits and don’t get to use them next year.
Let’s take a closer look at some key ways you can do end-of-the-year planning based on where you are at today.
Taking Advantage of the Benefits You Have
So what are the benefits you can take advantage of before the end of December?
Here’s a list to start:
- Your regular check-up. Most insurance plans cover two check-ups per year and/or a check-up every 6 months. If you only scheduled one with us this year, or if you canceled one of your check-ups with us recently, the time is now to squeeze it in! Remember, if you don’t use it this year, you lose it. This kind of preventative care is essential to your short-term and long-term dental health, so it’s important not to skip. If you haven’t been able to come in for any of your dental check-ups yet, you still have time to get on our schedule before 2019 rolls in.
- Other treatments. Have you been waiting on implants, CEREC, or some other, larger service we provide? Think of it this way: if you’ve met your deductible and have not hit your maximum, it could mean you have very low or little-to-no out of pocket expense for the treatment if you fit it in before the end of the calendar year. In other words, now could be a great time to get that treatment you’ve been waiting on. Then, next year, your deductible will re-set and start all over again.
- Starting a multi-visit treatment you’ve delayed. Depending on the nature of your visit and the status of your deductible for this calendar year, we could also setup a treatment plan that is timed to minimise how much you pay out-of-pocket. For example, if you have a two-part treatment with us, we could split the treatment up between the end of this year and the very beginning of next year, helping you to take full advantage of your insurance benefits within each calendar year. While this may not be as common as the other two ways to save money, it’s still something many people can take advantage of.
Get to Know More About Your Insurance
It’s never a bad idea to get to know more about your insurance policy if you have questions or if you aren’t sure how to maximise your value from your current plan.
At the very least, you may want to login to your insurance company’s website online (or call in if you prefer) and see how much you are entitled to for this year in regards to dental care.
Make Sure You Take Advantage of All Your Dental Benefits
Since you lose many of these benefits if you don’t use them this year, don’t delay on coming in to see us! If you have any questions about the potential of scheduling treatments you’ve been delaying, the potential costs of any treatments, or if you want to squeeze in a check-up and clean.
The end of year will be here before we know it, so you’ll want to BOOK NOW to secure your dentist appointment this year.