What do 2021 and your annual dental benefits have in common? Both are coming to an end in 2 months.
When the New Year begins, it’ll also likely that your existing dental benefits will reset at ground zero again. If you’ve paid your monthly insurance premiums for your dental benefits every month this year, or you still have remaining funds within your Flexible Spending Account (FSA), you need to use these benefits now before they slip away on January 1st!
If you’re still considering a dental treatment like replacing a dental crown or getting a dental implant, this is the time to put any of your hard-earned unused benefits to work.
5 Reasons to Use Unused Benefits Before You Lose Them!
1. You Have Available FSA Contributions You Can Use
Your Flexible Savings Account (FSA) is an account that you set up through your employer to put some of your pre-tax pay put into. If your FSA account still has a remaining balance that you can use towards your dental care, take advantage of using this balance towards dental work now before the end of the year – you can lose this by the end of the year. Dental Implants, Dental Crowns, Sealants, Night Guards for teeth grinding and fillings are usually considered an FSA eligible expense. Because FSAs can differ depending on your employer, please contact your HR team to verify which dental treatments your policy covers.
2. You Haven’t Reached Your Yearly Insurance Maximum
Each year, there’s a maximum that your dental insurance covers towards your annual dental care. If you’ve been procrastinating about getting some dental work you know you need, use what you can now towards some of the dental treatments. When the New Year kicks in, use your new maximum towards any remaining dental care you might need! Depending on your insurance dental plan, this max amount will vary, but it typically resets at the end of the year. Don’t forfeit these benefits in the New Year, apply them to work now.
3. Postponing Your Dental Problems Will Cost You More
Delaying dental treatments now that can restore the health, and functionality, of your teeth can ultimately lead to needing more serious, and costly, dental care down the road. And that includes skipping your check-ups too! Putting off a needed filling or dental crown replacement now may turn into needing a root canal. Keep your teeth healthy, and your future dental needs to a minimum. apply your benefits towards routine dental care when you need it, especially when you have some to use.
4. You’ve Reached Your Annual Deductible (Or You’re Just About There!)
Your insurance deductible is the amount you’ve already paid before your insurance pays for any of your dental care. Depending on your insurance, this deductible will vary. And its sometimes also higher if you prefer seeing a dentist who is out of your plan’s network. Just remember that when your plan rolls over on January 1st, you start paying towards a new deductible before you can take advantage of your dental benefits.
5. Your Insurance Could Change Next Year
Don’t take your existing dental benefits for granted. Health care and dental plans change every year. If you decide to change plans, or your employer switches to another plan, your new dental benefits may not be as good as the ones you have now.
Do You Still Have Benefits You Can Use?
Not sure if you still have any unused dental insurance benefits? Give us a call at (206) 242-0066 or contact us online to find out if you have any dental benefits remaining! And if you have an FSA account, or a Health Savings Account (HSA), check it to see if you still have funds you can put to work now — contact your FSA representative (or your Human Resources department, if you’re not sure. It’s good to verify when the benefits year ends for your FSA, if your policy allows rolling over funds, and what dental treatments are covered.
P.S. If you know that you need to have some dental work done and you can apply unused benefits towards your care, now is the time to get it done…before everyone else tries to get in before the New Year! Just give us a call and we’ll do our best to get you on the schedule in time!