Brushing, flossing and getting regular dental checkups can help to keep your mouth healthy. But did you know that your oral health is linked to many medical conditions? Medical insurance is different from dental insurance – so much so that some insurance providers simply refer to their plans as “dental benefits” rather than “coverage.”
Healthcare insurance covers costs after your medical bill reaches a specific financial amount – as an example, an Obamacare mid-range silver plan has an average deductible of $2,927 per individual or $6,010 per family. Once you spend that amount on healthcare, the insurance kicks in.
Dental insurance only covers you up to a specific limit. Typically that limit is $1,000-$1,500 annually. When your reimbursable dental costs go over that limit, you are responsible for paying your dental care costs for the rest of the year.
The policy caps on dental insurance have remained the same for the past forty years. Meanwhile, expenditures for dental services continue to rise, at an average rate of 5.5 percent annually. Given that the average cost for a crown is $750-1200, and the cost of a single implant starts at $1500, you can exhaust your annual dental allowance fairly quickly.
Dental insurance premiums can be more expensive than just paying out of your own pocket for routine checkups and cleanings. So if you are one of the millions of Americans with no dental coverage, is a policy for your pearly whites worth the cost? The answer may depend on whether you expect to face aching fees for your teeth.