Dental costs can be very expensive, even if you have insurance. Some services aren’t completely covered by dental plans; other plans will have a maximum yearly allotment, and it can be easy to use up those benefits early on in the year. If you need extensive dental work done or you find you’re always in the dentist chair, you might find yourself paying out-of-pocket for a lot of different procedures, and sometimes these costs can be overwhelming. It might even come to the point where you avoid going to the dentist altogether because you can’t afford the high costs. The following tips, however, can help you to cut down on dental expenses:
If you haven’t already, you should consider investing in dental coverage. Dental plans often have low premiums, and can mean big dental savings. If you already have a dental plan and find that it doesn’t offer you nearly enough benefits, look into upgrading your plan and purchasing more coverage. Although more coverage would mean a higher premium, it could be worth the extra cost if you find that you need to pay for a lot of dental procedures out-of-pocket.
Tap into your FSA
If you have dental insurance as part of your employee benefits package, you might also have an FSA (Flexible Spending Account). Some of these accounts are reserved exclusively for medical expenses and dental costs don’t qualify, but depending on the specific plan you have, you might be able to use it for dental expenses as well. Ask the HR manager at your company for more information about your FSA and if it can be used for dental expenses.
Practice good dental hygiene
When it comes to dental problems, certain things can just be beyond your control, but others can easily be prevented. By practicing good dental hygiene, you’re doing what you can to prevent significant problems from forming. This goes beyond good dental hygiene at home, though, and this also includes getting professional cleanings from a dental hygienist. Depending on your dental health, you might need to get your teeth cleaned annually, twice a year, or once a quarter. No matter what is recommended, it’s important to listen to your dentist and not skip those dental cleanings, which help you avoid expensive and painful dental problems later on.
Do you own a business or offer a service? Depending on what you do for a living, you might be able to lower that next dental bill (or get rid of it completely) by offering to barter. For example, if you’re a web designer and your dentist needs a website, offer to design one in exchange for discounted or free dental work. It certainly doesn’t hurt to ask!
If you know someone who just moved to the area and is looking for a dentist, refer that person to your dentist office and make sure they know that you referred that person. Some dental practices offer incentives to patients who refer others, including discounts on future services.
Explain your situation
If you’re experiencing financial problems, explain your situation to your dentist office. Perhaps you lost a job recently and just can’t afford to pay for a procedure that you really need. Your dentist might be willing to work with you by offering a discount or an affordable payment plan, which can allow you to take care of a significant expense by making smaller payments.
Are you receiving long-term payments from an annuity or structured settlement, but need to receive your money sooner? Peachtree Financial Solutions may be able to help by purchasing some or all of your future payments and providing you with a lump sum. Contact Peachtree today to learn more about selling future payments for a lump sum of cash.
Nothing above is meant to provide financial, tax, or legal advice. You should meet with appropriate professionals for such services.