Ways to Save Money on Dental Insurance
From the Editor: This guest post contributed by Hannah Daniel
Indemnity
(traditional) insurance can be expensive and difficult to procure if
not offered by your employer at a subsidized rate. Here are several
alternate methods to make the most of your money while still receiving
quality service.
Discount Dental Plan
Dental discount plans have been around since 1979 starting with the Careington dental plan, and Good Morning America recently endorsed discount clubs as a great way to save money. These plans typically have low monthly or annual rates that give members access to extensive discounts within a large network of dentists and specialists. These discounts are applied while in office, so members simply pay the discounted rate. Plans often use a predetermined fee schedule contracted with the dentists for many common procedures and provide substantial discounts on a wide variety of dental procedures.
Health Maintenance Organization
A health maintenance organization (HMO) assigns members to a specific dentist for treatment. These dentists are ensured by contract to receive a certain amount of money for each dental visit even if the patient required no treatment. These plans typically charge a set monthly rate with no deductible, but since dentists are guaranteed payment regardless of the quality of their work, members may not be assigned to a dentist of their preferred quality.
Preferred Provider Organization
A preferred provider organization (PPO) gives members access to a specific network of dentists where they can receive oral care at lower prices. It bears some resemblance to an HMO plan, except care is paid for when it is received rather than in advance. Members can usually see dentists out-of-network for a higher cost out of pocket.
Secondary Dental Insurance
Sometimes, you can even use two plans together for optimum savings, especially if you already hold a traditional indemnity plan. Here’s the trick: While at the dental office, pay the discounted price available through your dental discount plan. Then you can go home and file a claim with your other insurance company for the amount that you paid for your dental work. If it clears with the insurance company, you may receive an additional reimbursement check, leaving a very small amount paid out of pocket.
With these alternate options, you can determine the best plan for you and your family to save you the most money and help you plan for future dental needs.
Insurance: A Guide
"Remember kids, I have life insurance" - Adam Savage
This is a guest article from Tatyana Levin
These days one must be financially savvy. Money is not easy to come by and should be managed carefully. With the availability of tools that make it easy to keep track of current events, the stock market, and even your own money, it would be almost a crime to not utilize these tools to make the best and most informed financial decisions. Unfortunately, the more there is, the more there is to keep track of. This applies both to tracking tools and money (the small curse within the comfort of having money to keep track of).
The savvier ones of us dabble in investments, and the savviest make their living that way. The key is that they know what to invest in. Not magically, of course; investors do a significant amount of research to learn how to optimize their portfolios, but they have the understanding.
A grossly overlooked investment is insurance. This may be because is not typically referred to as an investment with the exception of whole life insurance that has a specific investment component within it. Webster’s defines the word “invest” as a commitment of money for a return and “insurance” as a guarantee. This makes insurance the safest type of investment, because your returns are guaranteed. But returns are not always financial in the case of insurance. They can be, if there is an unforeseen accident, but the most certain return is the feeling of security.
Now there are many different types of insurance, and what you need depends on your current situation. Obviously you only need auto insurance, found using auto insurance leads if you have a car, and you only need renter’s insurance if you rent and have possessions that you would need insured. Insurance is for those who have something to lose. With an attachment to something, either emotional of physical (or dependence, not like physically being glued to your car), comes the fear that it will be damaged or ruined in some way. For example, if your house caught on fire, you would be devastated. What would add insult to injury is not having a way to recover from this horrible disaster.
These types of examples are not unique to this article. That is the way that insurance is sold. As they say that clichés are clichés for a reason, insurance is promoted this way for a reason. The foundation of the concept of insurance is uncertainty, and it is the same uncertainty that is conjured up when investing.
The main difference between insurance and investment is that not having insurance creates a feeling of uncertainty while investments by nature are uncertain. Therefore, investing in insurance creates security and is the only secure investment that exists (and is legal). Getting insurance should be one of the easier financial tasks if you apply all the resources available with technological advances like smart phones.
About the Author: This article was written by Tatyana Levin, a copywriter for InsuranceFiles.com
Indemnity
(traditional) insurance can be expensive and difficult to procure if
not offered by your employer at a subsidized rate. Here are several
alternate methods to make the most of your money while still receiving
quality service.Discount Dental Plan
Dental discount plans have been around since 1979 starting with the Careington dental plan, and Good Morning America recently endorsed discount clubs as a great way to save money. These plans typically have low monthly or annual rates that give members access to extensive discounts within a large network of dentists and specialists. These discounts are applied while in office, so members simply pay the discounted rate. Plans often use a predetermined fee schedule contracted with the dentists for many common procedures and provide substantial discounts on a wide variety of dental procedures.
Health Maintenance Organization
A health maintenance organization (HMO) assigns members to a specific dentist for treatment. These dentists are ensured by contract to receive a certain amount of money for each dental visit even if the patient required no treatment. These plans typically charge a set monthly rate with no deductible, but since dentists are guaranteed payment regardless of the quality of their work, members may not be assigned to a dentist of their preferred quality.
Preferred Provider Organization
A preferred provider organization (PPO) gives members access to a specific network of dentists where they can receive oral care at lower prices. It bears some resemblance to an HMO plan, except care is paid for when it is received rather than in advance. Members can usually see dentists out-of-network for a higher cost out of pocket.
Secondary Dental Insurance
Sometimes, you can even use two plans together for optimum savings, especially if you already hold a traditional indemnity plan. Here’s the trick: While at the dental office, pay the discounted price available through your dental discount plan. Then you can go home and file a claim with your other insurance company for the amount that you paid for your dental work. If it clears with the insurance company, you may receive an additional reimbursement check, leaving a very small amount paid out of pocket.
With these alternate options, you can determine the best plan for you and your family to save you the most money and help you plan for future dental needs.
Insurance: A Guide
"Remember kids, I have life insurance" - Adam Savage
This is a guest article from Tatyana Levin
These days one must be financially savvy. Money is not easy to come by and should be managed carefully. With the availability of tools that make it easy to keep track of current events, the stock market, and even your own money, it would be almost a crime to not utilize these tools to make the best and most informed financial decisions. Unfortunately, the more there is, the more there is to keep track of. This applies both to tracking tools and money (the small curse within the comfort of having money to keep track of).
The savvier ones of us dabble in investments, and the savviest make their living that way. The key is that they know what to invest in. Not magically, of course; investors do a significant amount of research to learn how to optimize their portfolios, but they have the understanding.
A grossly overlooked investment is insurance. This may be because is not typically referred to as an investment with the exception of whole life insurance that has a specific investment component within it. Webster’s defines the word “invest” as a commitment of money for a return and “insurance” as a guarantee. This makes insurance the safest type of investment, because your returns are guaranteed. But returns are not always financial in the case of insurance. They can be, if there is an unforeseen accident, but the most certain return is the feeling of security.
Now there are many different types of insurance, and what you need depends on your current situation. Obviously you only need auto insurance, found using auto insurance leads if you have a car, and you only need renter’s insurance if you rent and have possessions that you would need insured. Insurance is for those who have something to lose. With an attachment to something, either emotional of physical (or dependence, not like physically being glued to your car), comes the fear that it will be damaged or ruined in some way. For example, if your house caught on fire, you would be devastated. What would add insult to injury is not having a way to recover from this horrible disaster.
These types of examples are not unique to this article. That is the way that insurance is sold. As they say that clichés are clichés for a reason, insurance is promoted this way for a reason. The foundation of the concept of insurance is uncertainty, and it is the same uncertainty that is conjured up when investing.
The main difference between insurance and investment is that not having insurance creates a feeling of uncertainty while investments by nature are uncertain. Therefore, investing in insurance creates security and is the only secure investment that exists (and is legal). Getting insurance should be one of the easier financial tasks if you apply all the resources available with technological advances like smart phones.
About the Author: This article was written by Tatyana Levin, a copywriter for InsuranceFiles.com
