Use It Or Lose It!
The New Year, 2021, is just ahead of us. Who is excited for it?!
Many of us are thinking about the New Year and what it is holds. I know, for us, we are already thinking about how to celebrate it.
There are many unknowns ahead, due to the current global situation, and we know that we just do not have control over our future or the future of the world.
One thing that we do have control of is how we care for ourselves and what is happening with our dental health.
In this light, let us turn your thinking onto your dental insurance benefits.
As of January 1st, 2021, anything that hasn’t been taken advantage of, example: **FSA (Flexible Spending Accounts) or a yearly exam and routine cleaning that hasn’t been completed, will go away.
Knowing this, it is important to be aware of what dental benefits you have so you do not miss out on this opportunity.
The way to find out about your dental benefits is by contacting your dental insurance provider directly or logging into your insurance account online. You can also contact your local dentist to see what is still available to you, what they would suggest for you, or to see what is left to get scheduled before the end of this year.
WOULD YOU LIKE TO SAVE HUNDREDS OF DOLLARS?
Did you know that you could actually save hundreds of dollars by using your dental benefits before the end of the year?
Here are some tips and things to think about:
- The yearly maximum is the most money that the dental insurance plan will pay for your dental work within one full year.
- The deductible is the amount of money that you must pay to your dentist out of pocket before your insurance company will pay for any services.
- If you are paying your dental insurance premiums every month, you should be using your benefits, even if it’s just for regular scheduled cleanings and upkeep.
- Some Dentists raise their prices at the beginning of the year to help cover their expenses and material costs. A fee increase can also make your co-pay go higher.
- By delaying dental treatment, you are risking more extensive and expensive treatment down the road.
Everyone makes their own choices, but everyone wants to save money.
**FLEXIBLE SPENDING ACCOUNTS (FSA): A Flexible Spending Account (FSA) is an account you can set up through your employer. During open enrollment, you choose how much money to put into this account, and a portion of this amount is deducted from each paycheck pre-tax. FSAs generally cover services or products that help keep your mouth healthy, including cleanings, braces needed for dental health reasons, benefit plan co-pays, dentures and more.
Many FSAs work like debit cards, and you can use that card to pay for various medical and dental expenses, including some products available at your local drugstore.
(FSA info shared by https://www.mouthhealthy.org/)