Does one need Dental Insurance? This is an often asked question when it comes to any kind of insurance. Well, insurance is a tool that offsets financial losses due to accidents or incidents or unforeseen circumstances. With this in mind, insurance is always recommended but if one is young and healthy and doesn’t need to visit a dentist more than twice a year, dental insurance will not be a requirement, since the yearly premium for such insurance may cost more than the actual cost of the two visits to the dentist office.
People with a less than perfect dental health are advised to purchase dental insurance or join a discounted dental plan for the simple reason that unexpected complicated dental work can be expensive. Millions of Americans have to undergo root canal and cavity procedures despite the fluoride in our drinking water. Dental health in the USA has not been of very high standard over the decades. Ones dental health depends upon a variety of factors including dental hygiene, stress, personal eating habits, nutrition etc.
The programs of dental coverage available are Indemnity Plans, Preferred Provider Plans, HMO Plans and Discount Plans
Dental Indemnity Insurance Plans
These are normal, traditional insurance coverage plans where you get a percentage of your dental bills covered by paying a monthly fee or premium. Normally an indemnity plan covers 100% of preventive services, 80% of restoration services and 50% of major treatment like orthodontics.
Dental Preferred Provider Plans
These plans cost an average of $40 per month and give you highly discounted rates of dental procedures within the specified network. A few benefits are available outside the network also. These plans are regulated by state insurance departments and fall in the insurance category.
HMO Dental Insurance
These dental insurance plans are also known as capitation plans. They operate like Health Maintenance Organizations (HMO). These are also regulated by state insurance department and cost any where from $20 to $40 per month.
Dental Discount Plans
Discount dental plans are not dental insurance. Discount dental plans are more like discount clubs where members get a discount from a network of participating dentists. These plans give the best value to individuals and families that don’t foresee extensive and expensive dental work.