How To Find Great Value Dental and Health Insurance Plans
According to the National Association of Dental plans, forty-six
percent of Americans don't have dental insurance. Whether this
is because they think they don't need it, or because they haven't
been able to find good dental coverage, these people are missing
out, and in danger of running up high dental bills because they
aren't covered. You can find individual policies, but getting the
right one will take a little work. Group coverage through your
employer is better, but can be hard to find. Monthly premiums for
dental insurance generally run between $12 and $50 a person. That's
a wide range for insurance that offers similar coverage.
If you're looking for affordable dental and health insurance plans,
you need to look past the quote. Some companies offer a great rate,
but only for the first year. During the first year of most kinds
of dental and health insurance, you can't use all of your coverage
as you wait for the mandatory waiting period to end. After that,
the company can hike your rate for the second year, when you're
actually able to use your insurance coverage. Make sure that your
dental and health insurance plan isn't offered by an unscrupulous
company that will increase your rates. You can check up on the
backgrounds of any insurance company by looking at A.M. Best and
other ratings sources. This will tell you the age and financial
rating of the insurance company. Consumer ratings are a little
harder to get, but you can still find them if you try.
There are three basic types of dental insurance. They are parallel
to the types of health insurance in most cases. The cheapest is
the dental HMO. Like the medical HMO, you'll have a limited selection
of practitioners you can see. However, this is the cheapest coverage.
The average person who gets single dental HMO coverage pays on
$13 a month. People using medical HMOs will see similar savings.
This is why employer use of HMOs for employee health insurance
skyrocketed in the 1990s. HMOs offer the least expensive coverage
possible, which is worth considering if your main concern is cutting
If you go with a dental PPO, you'll be part of a network which
offers a set price scale. Seeing dentists outside the network incurs
charges with less reimbursement. You'll also have to front the
whole bill until the reimbursement comes across. The choices with
a PPO are better, and the price a bit higher, at an average of
$30 a month. Traditional insurance plans are still alive and well
in health insurance, but they're becoming rarer in dental insurance.
When you can find individual coverage, these insurance plans are
around an average of $40 a month. These pricier plans offer more
coverage and more choice to their members, but are harder to find
at reasonable rates. Which type of dental insurance gives you the
best value will depend on whether you prioritize price or flexibility.
HMOs are cheapest, but they don't give you many choices. Traditional
insurance plans offer flexibility, but will cost you in the end.