These days, insurance companies offer coverage for just about any life event imaginable. It isn’t always clear which forms of protection are necessary and which are a waste of money. Take dental insurance. Is dental insurance worth it, or is your hard-earned money better spent elsewhere?
Many forms of insurance are designed to be a safety net: you pay a premium now, so if an accident happens later, you don’t get hit with an even bigger bill. But when your budget is tight, it’s hard to fork up money for a “what if.”
Dental insurance works differently. With dental insurance, you don’t just protect yourself from high risk and catastrophic claims. Dental insurance offers tangible benefits and cost savings right off the bat. And for many people, this difference alone makes dental insurance worth the cost.
For example, our dental plans cover 100% of costs toward preventive care — exams, cleanings, and fluoride treatments that help prevent more expensive things like cavities from happening in the first place. It’s easy to see the savings add up. To illustrate the value of dental benefits, let’s compare dental care costs for a family of four with and without dental benefits. Over the course of the year, let’s say each family member gets their twice-annual preventive visits and each person needs a cavity filled:
Another cost savings to consider before you buy is the size of the a dental network on your plan. A general rule of thumb: larger networks usually mean companies can negotiate biggersavings.
Every person’s situation is different. When deciding on a dental insurance plan, know the factors and crunch the numbers. Estimating costs ahead of time helps you make an informed decision about dental insurance and plan for the year ahead.
If you are still unsure, take a closer look at our dental plans for help understanding your coverage options.