The use of secondary dental insurance is growing as the cost of primary dental coverage rises. For families who pay multiple visits to the dentist, this ‘supplemental insurance’ can be the answer to reducing out-of-pocket payments for much needed procedures.
How it Works
Supplemental coverage is purchased in addition to the primary plan, and must work in conjunction with it to reduce expenses. It can be difficult to find this type of coverage to work with a private insurer, however, and it may be possible to improve the current policy before seeking out another company. However, secondary dental insurance is useful if there is a shortfall in the lifetime limit allowed or services offered.
Before signing a supplemental policy, perform a cost analysis of the new premium versus the cost of the procedure out of pocket. Also, inquire with the existing carrier about compatibility with the new policy. For expensive recurring visits, supplementing current policies makes sense, but spending hundreds for a one-time crown installation or dental implant may not be worth the cost.
Finding a secondary plan can be easier if the individual buys a membership, either through an organization like the AARP, or a professional union. Supplemental providers often require applicants to pay an annual fee which gives them access to their network of professionals. Fees from these dentists are then heavily discounted.
Secondary Benefits
The first benefit of secondary insurance is to lower the costs of regular visits and anticipated future dental work. Assuming the two policies work in conjunction with each other, the reduction can easily justify an extra premium to pay. Beyond this, an additional insurance policy can cover cosmetic dental surgeries, multiple dental implants, and restorative dental procedures. Some carriers require no pre-approval and have no limits on coverage.
Having a membership to a secondary dental carrier can provide individuals with discounts on every available procedure. According to one company, every type of work is covered, and those not covered will be discounted per their provider agreement. To be certain, carefully read every detail of the policy, and understand what is not part of the program as well as what is.
Review Existing Plan
Before looking for supplemental insurance, review the existing plan. If full dental insurance is offered through an employer, the premium may be based on group rates and highly discounted; the same discount is not usually available to individuals. Be certain of the exact procedures needed and compare several companies based on these needs.
In addition to shopping for secondary policies, consider comparing the rates of primary insurance plans. Individual shoppers can compare several companies, and find out if there are discounts for membership in professional organizations they have or can join. Even with a good insurance plan in place, dental work is expensive, so be sure the cost of additional monthly or yearly premiums is worth it.
A good secondary insurer will be easy to sign up for, reasonably priced, and cover a wide range of dental work. Shop according to specific existing or anticipated needs, and always compare several companies before choosing.
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